Show Me the Money! 17 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital
If not big tech, then what? One of the most valued characteristics of AT&T stock is stable dividends backed by consistent cash generation, while the company is heavily involved in growth areas like 5G network and content creation.
AT&T is the second-largest U.S. wireless carrier with its 40% contribution to the company's overall revenue. The company's increasingly proactive approach to the trendy content development was backed by the July 1 appointment of previous Warner Media head John Stankey as new CEO. Investors should be particularly interested in the success of HBO Max and the firm's Connected Devices business.
Apparently, we don’t want to miss this stock’s earnings date of July 23rd. Technically, it has very strong price momentum trying to pierce its two-month long resistance level of $30.60, and it will.
If not big tech, then what? One of the most valued characteristics of AT&T stock is stable dividends backed by consistent cash generation, while the company is heavily involved in growth areas like 5G network and content creation.
AT&T is the second-largest U.S. wireless carrier with its 40% contribution to the company's overall revenue. The company's increasingly proactive approach to the trendy content development was backed by the July 1 appointment of previous Warner Media head John Stankey as new CEO. Investors should be particularly interested in the success of HBO Max and the firm's Connected Devices business.
Apparently, we don’t want to miss this stock’s earnings date of July 23rd. Technically, it has very strong price momentum trying to pierce its two-month long resistance level of $30.60, and it will.