Hold On To AT&T Stock

Jul. 20, 2022 12:27 PM ETAT&T Inc. (T) StockT47 Comments
Bela Lakos
1.34K Followers

Summary

  • Although AT&T has not performed well historically during times of low consumer confidence, year-to-date, the stock has significantly outperformed the broader market.
  • Using the Gordon Growth Model, T appears to be fairly valued. However, based on the justified P/E ratio calculation, the stock may have some further upside potential.
  • AT&T has a long track record of safe and sustainable dividend payments.
  • We currently rate the stock as "hold".

AT&T Store New York City

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The broader market has seen a substantial decline since the beginning of the year due to several macroeconomic headwinds, including rising interest rates, high inflation, elevated commodity prices, supply chain disruptions, COVID-19 related restrictions, increasing geopolitical tension in the Eastern European region and a

This article was written by

1.34K Followers
Petroleum engineer with an enthusiasm for investing, accounting and personal finances.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Past performance is not an indicator of future performance. This post is illustrative and educational and is not a specific offer of products or services or financial advice. Information in this article is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. Expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. This article has been co-authored by Mark Lakos.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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