Bargains aren't bargains if there's not much hope for a strong rebound move.
AT&T (T) closed the most recent trading day at $23.46, moving +1.78% from the previous trading session.
AT&T (NYSE: T) was once considered a stable blue-chip stock for income investors. AT&T's decline can be traced back to three big mistakes. First, it bought DirecTV for $49 billion in 2015 in an ill-fated attempt to expand its pay-TV business.