2024-04-29 08:26:19 ET
Summary
- AT&T's share price is down almost 4% YTD, with a market capitalization just under $120 billion and a dividend yield of almost 7%.
- The market is not a fan of AT&T's struggles and hefty debt load, but strong overall shareholder returns are expected as the company continues to execute.
- The largest risk to AT&T's thesis is operating in a competitive market with massive capital expenditures and a rising interest rate environment.
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For further details see:
AT&T: Keep Buying As Long As The Market Keeps Ignoring