AT&T: Be Greedy When Others Are Fearful

Jul. 22, 2022 9:53 AM ETAT&T Inc. (T) StockT90 Comments
The Asian Investor
29.11K Followers

Summary

  • AT&T’s stock plummeted on Thursday.
  • The phone company cut its free cash flow guidance for FY 2022 by $2B.
  • Shares are very attractively valued after the drop.

AT&T Advises Its Over 200,000 Workforce To Work From Home, As Coronavirus Continues To Spread

Ronald Martinez

An enormously good buying situation has been created for AT&T (NYSE:T) whose shares cratered 7.62% on Thursday after the telecom submitted its earnings sheet for the second quarter. Because the market's reaction to the phone company cutting its FY

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of T either through stock ownership, options, or other derivatives. 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.

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