AT&T Inc. has been making significant movements recently, with Jim Cramer stating that the company is 'doing everything right'.
AT&T's stock has surged upwards, hitting a 52-week high of 29.65 USD. Nissay Asset Management Corp Japan ADV and several other companies have purchased substantial shares of AT&T Inc., while a few have sold off their shares. Despite facing a legal dispute with
AT&T Mexico, the company's stock value has risen by 28.6% since the beginning of the year. Moreover, EchoStar's stock has skyrocketed by about 70% following AT&T's decision to buy the wireless spectrum for $23 billion. Goldman Sachs commences its telecom stocks with AT&T as one of its key players, rating it as a 'Buy'.
AT&T has also announced dividends on common and preferred shares. However, AT&T's stock did stumble after an impressive earnings report, causing investors to question whether AT&T's stock a buy, sell, or fairly priced.
Following the spectrum purchase deal with EchoStar, there is talk of restarting EchoStar-DirecTV merger. The decision on AT&T’s stock will depend on FCC approval. However, risks loom on the horizon with the current political environment which could potentially impact telecom stocks rallies. Despite this, AT&T's stock remains one of the most watched stocks.
Att Stocks News Analytics from Mon, 03 Feb 2025 08:00:00 GMT to Sat, 06 Sep 2025 20:47:00 GMT -
Rating 7
- Innovation 2
- Information 6
- Rumor -6
