#1 - AT&T (NYSE:T)
AT&T (T) - If I were giving you a pure telecom play, I could probably find a different stock. But the reason to choose AT&T (NYSE:T) goes beyond the idea that the telecom space will always be in demand. It also extends past the breakthrough that’s happening in 5G. AT&T is about all that and more.
With the acquisition of Time Warner (NYSE:TWX) content, the company is emerging as a player in the streaming wars. And there is increasing evidence that viewers, instead of consolidating their streaming services continue to add to them. This puts AT&T in a sweet spot of being able to deliver a whole home experience that includes mobile, wireless, and potentially their entertainment as well.
The company does face a few headwinds in relation to its partnership with DirecTV. Specifically, whether DirecTV will lose its exclusive rights to the NFL Sunday Ticket, which is a primary driver of that service. But any impact from that is over a year away and in the meantime, you can be invested in a stock that has a dividend yield currently above 6% and approximately $50 billion in the bank.
About AT&T
AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.
Read More - Current Price
- $22.49
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 16 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $25.83 (14.8% Upside)
