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Posted on 3/2/21 at 1:43 pm to Triple Bogey
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This post was edited on 3/12/21 at 11:04 am
Posted on 3/5/21 at 8:56 am to makersmark1
quote:
T
Can they turn it around?
I love ATT because they are one of the few turnaround plays that are actually priced like a turnaround should be. In a highly overvalued market, I like the combination of safety by entering at a deflated price, the 7% dividend, the reliable customer base/income from the cellular side, and the upside for growth with the potential of 5G and HBO Max. T is not a flawed company. They just made a bad decision with Directv and now they are working their way out of that bad decision at an appropriate valuation to reflect that.
This post was edited on 3/5/21 at 8:58 am
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