Telecommunications stocks, including
AT&T, T-Mobile, and Verizon, are consistently receiving buy calls. Favorable
stock screener analysis portrays AT&T as a potential buy candidate. There's also increasing chatter about a possible
merger between DirecTV and Dish, which has seen both AT&T and EchoStar's stock prices soar. On another note, AT&T's stock rallied by
10.6% in September. The firm also recently declared dividends on its common and preferred shares, attracting the attention of beginner investors. A report by Goldman Sachs suggests that AT&T is a popular stock among mutual funds. Higher dividends and federal rate cuts have made the stock more attractive according to AT&T CEO. Nevertheless, some advise
selling the gains for now. AT&T's recent hack that affected almost all their customers has caused their stocks to suffer a blow. On the positive side, the company's
subscriber influx and
Free Cash Flow growth surpassed expectations. Current promising expectations from AT&T’s Q2 earnings could also influence stock behaviours. AI analytics will be employed by AT&T to boost key metrics. However, despite Wall Street being bullish on AT&T, billionaire investors are buying up beleaguered AT&T stock causing mixed market sentiment.
Att Stocks News Analytics from Tue, 05 Mar 2024 08:00:00 GMT to Fri, 11 Oct 2024 18:45:48 GMT -
Rating 4
- Innovation 2
- Information 7
- Rumor -2
