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DISCB - Hanging Up On AT&T
October, 18 2021 08:41 AM
Discovery Inc. Series B Common Stock
AT&T stock looks as cheap as ever, but there are no catalysts to bring out the value in the near term. The media spinoff will still lack the scale to compete with giants like Netflix and Disney+. Supply chain issues are slowing phone sales and fiber build-out while competition will limit price hikes. Patient value investors may want to hold, but I sold my shares and will have another look near the spinoff. For further details see:
Hanging Up On AT&T
Stock Information
Company Name:
Discovery Inc. Series B Common Stock
Stock Symbol:
DISCB
Market:
NASDAQ
Website:
corporate.discovery.com
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