Started By
Message

ATT has to be a screaming buy Yes No?

Posted on 7/21/22 at 8:37 am
Posted by Tomatocantender
Boot
Member since Jun 2021
4761 posts
Posted on 7/21/22 at 8:37 am
At just over $18, I can't see how T is not a long-term buy and forget you even own it play. Look at that p/e. Interested in the Money Board's view.
Posted by notsince98
KC, MO
Member since Oct 2012
17992 posts
Posted on 7/21/22 at 8:52 am to
The company has been in constant turmoil the last several years. They are still reeling from poor CEO decisions over and over.

It "seems" like a safe bet but it clearly hasn't been in recent times. If you like the move from being in video content creation, streaming platform provide, Live TV service provider to being in none of that and only doing cell phone services and home fiber internet, then jump on it.

EDIT: And At&t is one of the most "woke" companies out there. Forced vaccinations, white guilt, etc. They push all of it.
This post was edited on 7/21/22 at 8:53 am
Posted by wheelr
Member since Jul 2012
5147 posts
Posted on 7/21/22 at 8:59 am to
I thought the same thing last year. $29 seemed like a fair price. Sold at $27.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14466 posts
Posted on 7/21/22 at 8:59 am to
I own 50 shares @ 20 . Getting a little over 50 dollars in Dividends @ year. Just going to let it sit and collect Divs.
This post was edited on 7/21/22 at 9:01 am
Posted by ynlvr
Rocket City
Member since Feb 2009
4591 posts
Posted on 7/21/22 at 9:02 am to
just bought back in this morning on the dip. Counting on Divvy staying strong.
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4465 posts
Posted on 7/21/22 at 9:16 am to
Raises hand - bought for the dividend and just to park money for a while when it was $29-$32 before the spin off. It literally sat in that range for years.

Yeah, that didn’t work so well. Waited for it to get back to a semi-respectable price and got out
Posted by slackster
Houston
Member since Mar 2009
84886 posts
Posted on 7/21/22 at 10:20 am to
Debt. All. That. Debt.
Posted by KillTheGophers
Member since Jan 2016
6217 posts
Posted on 7/21/22 at 10:30 am to
No
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41122 posts
Posted on 7/21/22 at 10:35 am to
Spent 5 yrs there as an employee. One of the worst run organizations I've ever been a part of.
Posted by SlidellCajun
Slidell la
Member since May 2019
10412 posts
Posted on 7/21/22 at 10:42 am to
.

As a current holder, I can’t rationalize buying more. It’s getting hammered today too.
The dividend might be a reason to buy but I think Verizon could be a better overall choice for both dividend and potential share appreciation.

Posted by skewbs
Member since Apr 2008
2003 posts
Posted on 7/21/22 at 10:45 am to
quote:

Raises hand - bought for the dividend and just to park money for a while when it was $29-$32 before the spin off. It literally sat in that range for years.


I'm in a similar situation, although not the same. My average cost is $20.1/share so it dipped in the red today with the large % drop.

I'm actually about even when you factor in the dividends I've received and re-invested over the past 2.5 years. Still not good at all though

I've been buying my cost down and bought more today. My plan is to exit my position entirely the next time it pops above $20/share. Hopefully that is sooner than later. I'm tired of looking at T in my trading (separate from my investing) account.
Posted by Hawkeye here
Member since Jul 2022
194 posts
Posted on 7/21/22 at 10:45 am to
quote:

At just over $18, I can't see how T is not a long-term buy and forget you even own it play. Look at that p/e. Interested in the Money Board's view


ATT is still $2 above its 52 week low.
The dividend yield is only half a percent better than Verizon.

Posted by CollegeFBRules
Member since Oct 2008
24260 posts
Posted on 7/21/22 at 10:50 am to
quote:

EDIT: And At&t is one of the most "woke" companies out there. Forced vaccinations, white guilt, etc. They push all of it.


Ever had their fiber, though? Best interest I’ve ever had.
Posted by Bermuda99
Member since Jun 2021
107 posts
Posted on 7/21/22 at 11:10 am to
Garbage organization, wouldn’t go near it in any capacity.
Posted by j1897
Member since Nov 2011
3567 posts
Posted on 7/21/22 at 11:17 am to
At 17.5 i'll add more for the dividend alone.
Posted by Tomatocantender
Boot
Member since Jun 2021
4761 posts
Posted on 7/21/22 at 11:25 am to
quote:

Ever had their fiber, though? Best interest I’ve ever had.



Same here, especially during the WFH quarantine days. Never even had a hiccup when my dumb employer added every VPN tunnel and software they could think of, my ATTT underground fiber never even blinked.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7707 posts
Posted on 7/21/22 at 3:11 pm to
Never buy a stock just for the dividend.
Posted by j1897
Member since Nov 2011
3567 posts
Posted on 7/21/22 at 3:19 pm to
Posted by notsince98
KC, MO
Member since Oct 2012
17992 posts
Posted on 7/21/22 at 3:46 pm to
quote:

Yea, only idiots invest for div yields.


That is a little disingenuous to say those people were buying those stocks "only" for the dividend. They bought specific high quality dividend paying stocks.
This post was edited on 7/21/22 at 3:55 pm
Posted by Drizzt
Cimmeria
Member since Aug 2013
12883 posts
Posted on 7/21/22 at 3:50 pm to
I own over 300 shares of T. I still buy when it hits lows. Good dividend and the recent spin off was good. I think that leads to a better focus for growth in the future. T is a cash machine and the current price seems good to me based on P/E under 9. That said, I’ve got my next order set at $17 and I think it will get there when we hit full recession.
This post was edited on 7/21/22 at 3:51 pm
first pageprev pagePage 1 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram