Reported 2 months ago
AT&T stock, known for its high dividend yield of 5.9%, could see significant growth this year. Analysts predict potential interest rate cuts by the Federal Reserve, which would make dividend stocks more attractive. Additionally, AT&T's stable financial performance might lead to a dividend increase, and an upcoming upgrade cycle in phones could provide a boost to the company’s business as consumers look to buy new devices. With the stock still trading at a discount, it presents a compelling opportunity for investors.
Source: YAHOO