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DIS - AT&T Did What? Why I Am Short-Term Bullish
May, 18 2021 10:11 AM
The Walt Disney Company
AT&T announced a major change to their long-term strategy that brings the company back to its telecommunications roots. AT&T's spinoff of WarnerMedia creates two pure play businesses that investors can value appropriately. This spinoff helps the company reign in their massive debt load as well as unlock the company's depressed valuations. These changes create a value opportunity for investors over the short term. For further details see:
AT&T Did What? Why I Am Short-Term Bullish
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