#5 - AT&T (NYSE:T)
AT&T (NYSE: T) - The future is 5G, and while AT&T’s competitor Verizon is getting credit for being first to market, AT&T may be the company that will wind up being the leader in the long run. The question is one of implementation, and AT&T is pledging to use standards-based equipment as they roll out 5G in a methodical way in key markets. It's a measure twice, cut once approach that will allow the technology time to catch up to the marketplace (currently many mobile phones lack the proper receptors). AT&T still faces some concerns about its debt load after its acquisition of DirecTV and Time Warner, which also has made some analysts wonder if its growth is really in wireless or if it's looking to rely on growth through acquisition. Still, the stock has higher earnings and free cash flow than Verizon and that shows up in the size of their dividend yield which is an impressive 7.1% as of this writing. In uncertain times, investors should be looking for stocks that are built for the long haul. With a solid, albeit modest valuation and the potential to capture a significant share of the growing 5G market, AT&T fits that profile rather nicely.
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.
More- Current Price
- $24.42
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 18 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $26.21 (7.4% Upside)
