Getting A Gift From The Market, Time to Buy, AT&T it is as good as Gold
Oct.15.17 | About: AT&T Inc. (T)
Jonathan Weber
Value, dividend investing, Growth, growth at reasonable price, innovation never seen ahead 2018
(6,998 followers)
Summary
AT&T lost 90,000 TV subscriptions on a net basis, but the decline rate has come down a lot, and the company could see positive growth next year, in the double rigits
The market overreacted to that news item and sent shares very close to 52-week lows. Shares are attractively priced here, this is your opportunity to cashed the downside
AT&T is making the right moves by acquiring content company Time Warner and by reducing debt via the divestment of non-core assets, combining both companies will lower your bills dramatically, and improved services