AT&T stocks are currently soaring, reaching a 52-week high of $26.23. The company's Q4 profit surge and robust subscriber additions have led to an upshot in telecom stocks. Investment expert Jim Cramer expects
AT&T to sail through smoothly, with added speculation of a potential stock buyback. The impressive dividends declared on common and preferred shares also make it a strong contender for a high-yield dividend stock.
AT&T anticipates a repeat performance in terms of 2024 gains, bolstered by boosts in 5G and fiber plan quarterly subscriptions. Analysts have begun perceiving
AT&T as an undervalued stock for investment.
AT&T stocks outperformed the Dow, hit a 52-week high of $24.04 and continued to rally 10.6% in September. Comparisons with telecom rival Verizon indicate investor preference for
AT&T's better dividends. The revelation of potential artificial intelligence plans catapulted the stock further, with rumors of a $40B plan in place for buybacks and dividends. The stock's strong price performance continues to invite investors towards a potentially undervalued large cap investment.
Att Stocks News Analytics from Wed, 26 Jun 2024 20:14:05 GMT to Thu, 20 Feb 2025 14:00:00 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -2
