Previous close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 25.00 |
Expiry date | 2023-03-17 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | N/A |
The rivalry between AT&T (NYSE: T) and Verizon Communications (NYSE: VZ) has raged for decades. Now that AT&T has divested its media assets, both companies focus primarily on developing 5G broadband.
The defensiveness and stability of these stocks may be underrated but could be more valuable than many investors think.
Shares of AT&T (NYSE: T) popped 10.6% in January, according to data from S&P Global Market Intelligence. The telecommunications company reported it had strong subscriber growth across its business lines in the fourth quarter, leading investors to bid up the stock. After the company spun off its entertainment division last year, investors are appreciating a more streamlined strategy to grow phone and broadband subscribers.