Is Now the Time to Buy AT&T Stock?
Investors of AT&T (NYSE: T) have suffered significant stock price swings throughout 2022. Shares hit a 52-week high in May, a low of $14.46 on Oct. 13, then zoomed past $18 after third-quarter earnings results were released on Oct. 20.
The wild ride may not be over given the uncertain macroeconomic environment this year. But the one constant AT&T has delivered is outstanding customer growth. This fact provides a compelling reason to invest in AT&T. After all, the veteran telecom behemoth is capturing customers from rivals in a highly competitive U.S. market.
Yet reasons exist that warrant waiting to pull the trigger. So let's examine AT&T with an eye on the long term to determine if it's time to buy.
Source Fool.com
