It is good to buy for the dividend of 6% and stability but not for capital gains. It has great free cash flow. Its latest report beat both on the top and the bottom and it confirmed guidance. Average analyst price target is $22.70
Not sure whether can keep dividend at current rate.
Lots of competition within sector.
Not a good stock for capital appreciation.
Reasonably safe investment.
He prefers Canadian telecom at this point, like BCE, Rogers, and Telus. US firms overspent on content, levered up massively. In the US, he'd prefer AT&T for a turnaround over VZ.
Hard to hold name, but won't see capital appreciation.
Decent dividend, but better names out there.
Has under performed S&p 500 since 2009.
Telecom stocks don't provide big returns in this stage of the cycle.
High capital requirement make business challenging.
High debt levels also a concern.
Great dividend. Cheap. Loads of upside potential. Analysts and market are looking for something to get going. Needs some catalyst to get people excited and the stock can get moving again. See his Top Picks.
Dividend safe at this point. Looks like it's getting over mistakes of past like bad acquisitions. Sold ancillary assets. Dreadful stock over a number of years. Not much downside left. Still, he prefers Canadian to US telcos.
As far as being a turnaround stock he refers to a comment by Warren Buffet - 'turnarounds seldom turn'. Telcos in the U.S. have been poor businesses the last few years.
Higher interest rates will be tough on company (lots of leverage). Company is a bond proxy with stability. Going forward, dividend is strong and balance sheet getting much stronger. Waiting for debt to come down before buying.
AT&T is a American stock, trading under the symbol T-N on the New York Stock Exchange (T). It is usually referred to as NYSE:T or T-N
In the last year, 8 stock analysts published opinions about T-N. 4 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for AT&T.
AT&T was recommended as a Top Pick by on . Read the latest stock experts ratings for AT&T.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
8 stock analysts on Stockchase covered AT&T In the last year. It is a trending stock that is worth watching.
On 2023-06-05, AT&T (T-N) stock closed at a price of $15.39.