AT&T: Q3 Marks An Inflection Point

Nov. 05, 2024 1:04 PM ETAT&T Inc. (T) Stock2 Comments
(10min)

Summary

  • AT&T recently provided guidance for its free cash flow target and also its deleverage plan.
  • Given the updated guidance, I expect its growth CAPEX allocation to drastically improve in the next 1~2 years.
  • I further expect such an improvement to be an inflection point for its stock prices.
  • The improvement could fundamentally change the prevailing market sentiment and T’s growth CAPEX allocation.
  • I do much more than just articles at Envision Early Retirement: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
Turnaround.

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T stock: Q3 review

My last article on AT&T stock (NYSE:T) stock focused on its DirecTV divestiture as reflected in its title “AT&T: DirecTV Divestiture Creates More Upside Potential”. In that article, I argued for a BUY rating as this

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This article was written by

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Sensor Unlimited is an economist by training with a PhD, with a focus on financial economics. She is a quantitative modeler and for the past decade she has been covering the mortgage market, commercial market, and the banking industry. She writes about asset allocation and ETFs, particularly those related to the overall market, bonds, banking and financial sectors, and housing markets.

Sensor Unlimited contributes to the investing group Envision Early Retirement which is led by Sensor Unlimited. They offer proven solutions to generate both high income and high growth with isolated risks through dynamic asset allocation. Features include: two model portfolios - one for short-term survival/withdrawal and one for aggressive long-term growth, direct access via chat to discuss ideas, monthly updates on all holdings, tax discussions, and ticker critiques by request. Learn More.

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