Is AT&T Stock a Buy Now?
As the old saying doesn't quite go, "Ma Bell may have invented the telephone, but she's struggling to keep up with the times."
That conclusion makes perfect sense when you look at AT&T's (NYSE: T) recent financial data. With a bargain-basement forward P/E ratio and negative earnings per share over the trailing twelve months, there seems to be something seriously wrong with this once-great telecom company.
Are we looking at a turnaround story in progress, well worth some of your hard-earned investable dollars, or should you swim away from AT&T's sinking boat?
Source Fool.com
