AT&T's performance has shown considerable growth and increased investor interest over the past year, propelling the telecom stock to new heights. As of the end of 2024, the company had seen notable gains, regularly declaring dividends on both common and preferred shares, and receiving praise as some of the best dividend stock under $50. A surge in AT&T's stock was observed following CEO Stankey's defense of the dividend in the company's new growth plan. Furthermore, AT&T was recognized among the top 10 undervalued stocks to buy, presenting itself as one of the best stocks for beginner investors. The strength of AT&T's stocks has been evidenced by rallying in September and the showing of a rise in subscriber momentum.
AI has also been a focal point with the announcement of billionaire Israel Englander selling 40% of Millennium's stake in AT&T for a troubled AI stock.
Despite AT&T giving up on its media business, an initiative that has further boosted the value of its stock, some segments of the market have signaled a shift from AT&T to Verizon. Regardless, many traders and investors uphold their bullish outlook on AT&T stock, maintaining the belief that the stock remains a good long-term investment and an attractive option especially with the Fed rate cuts. These favorable opinions are shared among a variety of groups, including retired investors and large repositories of mutual funds.
Att Stocks News Analytics from Fri, 29 Mar 2024 20:47:29 GMT to Thu, 26 Dec 2024 12:52:00 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor 2
