Things are looking pretty dicy to say the least in the telecom sector. So far this year, we've seen the broader market hit high point after high point, but the telecommunications sector has been struggling to keep up as price wars and uncertainty turn ...
I can see why an investor would be interested in trying to time the bottom in AT&T Inc. (NYSE:T). After the ~15% drop in AT&T stock since mid-March, T stock now offers a tempting 5.4% dividend yield and trades at just 12.4x 2018 analyst EPS estimates.
AT&T shares hit a new 52 week low. Nevertheless, the stock quickly bounced off the low and is up over 1% on Thursday. Recently, certain bears have acknowledged the stock may offer a solid buying opportunity at this level and have begun to turn bullish.
AT&T Inc. (T) is an interesting player in the Technology space, with a focus on Telecom Services - Domestic. The stock has been active on the tape, currently trading at $36.23, down from yesterday's close by -0.77%.