AT&T: Dirt Cheap And Recession-Proof

Jul. 26, 2022 10:51 AM ETAT&T Inc. (T) StockT87 Comments

Summary

  • AT&T's stock plunged after an unimpressive second quarter.
  • However, the company's headline numbers were robust, and its free cash flow issues are probably transitory.
  • AT&T is essentially recession-proof and should benefit from multiple expansion.
  • Looking for a helping hand in the market? Members of The Financial Prophet get exclusive ideas and guidance to navigate any climate. Learn More »

AT&T To Merge Warner Media With Discovery

Justin Sullivan

AT&T (NYSE:T) stock recently dropped by about 10% after the company reported its Q2 results. Despite better-than-expected EPS and revenues, enthusiasm was dampened by cash flow concerns. After the recent plunge, AT&T's stock is yielding about

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This article was written by

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Hi, I’m Victor Dergunov, MBA, and I’ve been an active investor for over 20 years. My passion for investing started early, and I’ve spent two decades honing strategies that consistently deliver results. Whether it's tech giants like Apple and Tesla or opportunities in commodities and crypto, I provide diversified insights to help you succeed. Join me, and let’s take your investing to the next level.

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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