AT&T Inc (NYSE:T) has been making headlines with its financial performance, free cash flow, and substantial wireless subscriber growth. The company's Q2 results proved impressive, with significant increases in wireless customers during the period. Bullish sentiments hovered over the stock, mainly on the back of stronger net additions, improved margins, and robust Free Cash Flow (FCF) growth. Furthermore, AT&T's stock drew attention, with firm rises after earnings and a series of positive price adjustments. The figures have attracted a wave of investors, including billionaires, attempting to capture the lucrative dividend yield offered by the stock. Despite the company's impressive performance, it experienced a data breach affecting stock focus. However, this did not halt the prospects, with one analyst predicting the price to surge to $20. AT&T's robust guidance and strong phone net additions also signal potential future growth. With its stock anticipated to rise, some believe it's finally safe to invest in AT&T. Comparing AT&T's stock to Verizon', investors seemed torn between two great investment opportunities. Both AT&T and Verizon are deemed excellent for high-yield dividends. The stock's upward trajectory is expected to be driven by an expanding postpaid phone business.
Att Stocks News Analytics from Fri, 29 Sep 2023 07:00:00 GMT to Sat, 27 Jul 2024 13:32:01 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -2
