AT&T: We've Never Seen Something Like This

Oct. 20, 2022 3:45 PM ETAT&T Inc. (T) Stock, , , , 99 Comments

Summary

  • AT&T Inc. Q3 results may have marked a bottom, as shares rallied as much as 10%, moves we have never seen AT&T make.
  • The market was nervous about this earnings season.
  • AT&T is continuing to make substantial adds to the customer base.
  • AT&T's debt remains a tremendous risk, but the dividend is covered, and for an income name, this is what we want to see, along with leverage decreasing.
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AT&T Inc. (NYSE:T) continues to be a name we own, most recently buying heavily as the stock breeched $15, as the stock had been obliterated. Despite having long owned the stock, it continues to

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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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