AT&T Proved The Market Wrong

Feb. 07, 2023 10:37 AM ETAT&T Inc. (T) StockT24 Comments
On the Pulse
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Summary

  • AT&T Inc.’s stock is consolidating on a high level.
  • Free cash flow forecast was better-than-expected.
  • The dividend is now well-covered.

AT&T Stock Jumps On Strong Earnings Report

Brandon Bell

AT&T Inc. (NYSE:T) fell to a one-decade low in October amid concerns about a possible dividend cut, but the stock has recently recovered.

AT&T's recent gains have been bolstered by better-than-expected fourth-quarter earnings, which included a strong

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A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.

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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