Reported about 9 hours ago
AT&T's stock has experienced a significant rise due to the company's renewed focus on its core telecommunications business after selling off non-core assets. With a stable dividend yield of 4% and projected steady revenue growth, AT&T appears appealing for income investors. However, as a mature business, it may struggle to attract growth investors, especially given its higher-than-average P/E ratio. While the stock is expected to remain stable in the near term, it may not outperform the S&P 500, indicating a cautious perspective for potential investors.
Source: YAHOO