Better Stock Buy: AT&T vs. C3.ai
AT (NYSE: T) and C3.ai (NYSE: AI) generally appeal to different types of tech investors. AT, one of the largest telecom companies in America, is usually owned for stability and dividends instead of aggressive gains. C3.ai, an enterprise AI software company that went public less than three years ago, is a speculative growth play.
Yet both of these stocks disappointed those target investors. If you had invested $1,000 in AT on April 11, 2022 -- the first day it traded separately from Warner Bros. Discovery -- your investment would only be worth about $760 today. If you had invested $1,000 in C3.ai's IPO on Dec 9, 2020, your investment would be worth less than $600. Let's see why these two stocks flopped, and if either one is still worth buying in this challenging market.
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Source Fool.com
