Is AT&T Stock a Buy Now?

Venerable telecom titan AT (NYSE: T) is on a roll. Its shares soared to a 52-week high of $29.03 in April, the highest it's been since before the COVID-19 pandemic.This result is a dramatic turnaround from the 52-week low of $16.73 reached a year ago. Does this mean now is the time to scoop up the stock?

AT shares remain stubbornly near their high AT the time of writing. So it's worth taking a deeper look into the company to assess whether now is the time to invest in the stock for the long haul.

Image source: Getty Images.

Source Fool.com