Is Now the Time to Buy AT&T Stock?
Share prices of AT&T (NYSE: T) hit a 52-week low of $24.54 on Nov. 4 after the company delayed the rollout of its C-band spectrum, a component of its new 5G network, pending an aviation safety review. The stock remains around $25 at the time of this writing, creating an opportunity to pick up shares while the price is down.
But it's not a straightforward decision to buy shares, because today's AT&T is a company in transition. CEO John Stankey, who took over the top spot last year, is returning AT&T to its telco roots after his predecessor ventured into a number of expensive, entertainment-related acquisitions.
Image source: Getty Images.
Source Fool.com
