Is AT&T a Buy Now?
If you're an everyday investor in search of stocks that can pay you steadily increasing sums, America's telecommunications oligopoly is a good place to start. At the moment there are just three companies with nationwide 5G networks, and new subscribers who are likely to stick around a long time are flocking to their services.
AT (NYSE: T) offers a 5.1% dividend yield at recent prices. The stock has risen about 44% over the past year, and investors want to know if it can keep soaring. Here's a closer look at recent results to see if this telecom giant belongs on your buy list.
Shares of AT are up by about 44% over the past year. AT's stellar performance is partly due to a low starting point. The stock fell hard in 2022 after the company adjusted its dividend payment downward to compensate for the spinoff of its media assets.
Source Fool.com
