A T & T US

T-N

Earnings got hit hard because of direct TV subscriptions going down. It will probably settle down. It is starting to form a base after coming down quite a bit. This is not the time of year to be in something like this. He does not see this stock performing extremely well over the next year.

He likes it but likes Verizon (VZ-N) better as they moved to 5G and he sees this technology as the future for everything we do in life.

Great fat income. 5G means massive capital investments. This company has too much debt and is a secondary player in the industry. Nice dividend.

Which one you prefer between AT&T (T-N) and Verizon (VZ-N) for an RRSP? Good companies with fine dividends. In terms of total return there are other companies with lower dividend yields but better growth prospects that he would rather choose.

Buy in the low-$30s and hope it pops up to the low-$40s, and collect the 5.9% dividend.

This isn't a chart he would own, though it pays a 6% dividend. Since late-2016 it's been in a classic downtrend channel, meaning it keeps falling.