This company is not going anywhere. U-Verse is a great product and everybody I speak to loves it. Cingular is also one of the best wireless carriers in the country. The loss of revenues from the residential land lines won't be enough to keep me away from this stock. I would guess this stock will be back up near $50.00 by this time 2011.
High Safe Dividend, Strong Products! Earnings Soaring!
Top Contributor: R C | Created when NYSE:T was $25.54 | Edit | History
If ever I saw a great investment it is AT&T.
It is a great company, well run, extremely profitable,
one of the very few companies to raise dividends during the stock market chaos of 2008-2009 and it has and will continue to beat earnings!
Standard & Poors and many others rate this a buy and target it "conservatively" to rise to $34 in the next 12 months!!!
Safe awesome dividend which will only rise and
a stock that has no where but up to go!
Last year & this year's stock movements of T
are nearly identical!!!
Last year T plunged at the beginning of the year,
as it did this year, and rose some after March as it did
this year and then a sell off followed which ended
at about this time last year. Then early July & late
June T rose in a huge rally taking it up about 4-5 dollars
in just one month.
History repeats, I expect to see T rise 20% over the next
month JUST LIKE IT DID last year!!
A lot of the Hedge funds are going into higher dividend and "safer" stocks with the market being so crazy. I believe with a 6+% dividend this stock will be protected on the downside a little. And all the bad news of iphone is out. This is a solid long term company and I am acquiring shares under 25 (Sold some 25 Puts)
Att is not a play on growth due to the extreme market conditions regarding competition. Rather this company is all about dividend pay out. Unless the company decides to innovate or expand into other businesses this stock will remain divy play.
AT&T is MAKING HUGE profits on exclusive rights to sell in the USA Iphones and
will for years.
Verizon can not sell any iphones and won't be able to for at least two more years!!
And MAYBE Verizon will NEVER be able to get the right to sell them
If you want to speculate and wait YEARS- GOOD LUCK!!
AT&T NOW has the Iphone & is NOW EARNING huge profits & WILL FOR Years to come!!.
The CEO of Verizon said they did not need the IPHONE and will not have one until AT LEAST by 2012. The Verizon CEO said they did not need the IPHONE anyways as they feel
no deficiency in their products offered.
He should know- VERIZON is definately NOT going to get
an IPHONE anytime soon.
As I was saying before, AT&T has a 5 year exclusive agreement that does not end until 2012 and this new comment from Verizon's CEO confirms that AT&T is going to have clear sailing with IPHONE profits until 2012.
CEO of AT&T confirms that he is VERY pleased with the soon to be released 3rd quarter profits and sales.
The CEO of AT&T predicts VERY STRONG revenue, profits and sales for the future quarters ahead. I expect they will continue to beat earnings and sales expectations for the next quarters ahead as they did before.
Recently, a large and most prestigous stock analyst firm
raised their rating on AT&T to a strong buy with a target
of $35 a share from $27. Their reasoning is that the loss of the IPHONE would have little effect on AT&T's future earnings and sales. They said that their analysis shows clearly that loss of the exclusive IPHONE contract would
not harm AT&T's future profits & sales significantly
as many IPHONE users would stay put (severe penalties for breaking 2 year contracts) and the market is large enough for all. I agree with this analysis. Besides AT&T has many other products such as the U-verse service which is a superior fiberoptic service.
U-verse is the best service I have seen in the market.
It is far better than Dish, Direct TV or cable.
They have an awesome product there alone and it is growing very fast - on a percentage basis.
Then, of course, the fundamentals are to be considered.
AT&T has very low debt compared to VERIZON. The dividend
of AT&T is about the highest of any quality stock and it is very secure and bound to increase year after year.
AT&T's future is VERY BRIGHT, and as an investor it is what I look for. High Dividends, Increasing Dividends, Safe Dividends, LOW DEBT, HUGE Appreciation expectations for the future.
On December 21, 2009 AT&T filed GN Docket No. 09-47; 09-51 and 09-137 titled "Comments of AT&T Inc. on the transition from the Legacy Circuit-Switched network to Broadband. What this means is AT&T will want to sell off its POTS and PSTN, which are sold and serviced by middle class earning union workers, keeping only the U-Verse technicians who make 1/3 less than a traditional telephone technician.