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The AI rally behind tech stocks is pushing Nvidia shares higher, but is it too much, too soon for the chipmaker? Morningstar Chief U.S. Market Strategist David Sekera joins Yahoo Finance Live to discuss which companies may be overvalued. Sekera's top stock picks include AT&T and Taiwan Semiconductor Manufacturing Company.
Fool.com contributor and finance professor Parkev Tatevosian compares ZIM (NYSE: ZIM) and AT&T (NYSE: T), two of the cheapest stocks he follows. *Stock prices used were the afternoon prices of June 7, 2023.
AT&T (NYSE: T) has long been known for its generous dividend, which investors have often been attracted to. For many, dividends seem like a guaranteed return stream and can also serve as a cash-flow instrument to fund retirement.
Investing.com -- Amazon (NASDAQ:AMZN) is unlikely to pursue a potential deal to offer steeply discounted, or even free, mobile services to its Prime members in the near term, analysts at CFRA Research have argued.
Comcast (CMCSA) announces the expansion of high-speed Internet and other services to rural community of Florida to expand its footprint and boost the top line.
(Bloomberg) -- New York City Mayor Eric Adams plans to direct a cumulative $60 billion of contractual work to minority- and women-owned businesses, known as MWBEs, by 2030; an ambitious goal requiring the city to more than double its annual rate of contracts to these underrepresented communities.Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023Tech Stocks Sputter as Traders Consider July Hike: Markets WrapFlights to LaGuardia Airport Grounded as Smoke Blan
The average brokerage recommendation (ABR) for AT&T (T) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
While major wireless carriers have denied it, e-commerce and cloud computing giant Amazon (NASDAQ: AMZN) is reportedly considering adding a free or inexpensive wireless service plan onto its prime membership. Shares of AT&T (NYSE: T) have dropped since the news broke, although the stock has been weak for months. Since peaking in early April, AT&T stock has shed nearly 25% of its value.
This up-and-coming wireless powerhouse's acquisition of Sprint in 2020 is just beginning to yield results.
Amazon (NASDAQ: AMZN) rose to prominence on the back of its now sprawling e-commerce business, which has become not only the largest digital retailer in the U.S., but also the world. While not all of its ventures have been successful, Amazon's track record has been sufficient to strike fear into the hearts of those it might rival. Oftentimes, stocks will fall at the mere prospect of having to compete with the company -- a well-documented phenomenon known as "the Amazon effect."
Telecom stocks including AT&T (NYSE: T), Verizon (NYSE: VZ), and T-Mobile (NASDAQ: TMUS) were all pulling back Friday on some surprising news. According to Bloomberg, Amazon (NASDAQ: AMZN) is considering entering the wireless market, as it's held discussions about offering nationwide mobile phone service to Prime members, either for free or at a discount. Bloomberg said that Amazon is negotiating with Verizon, T-Mobile, and Dish Network (NASDAQ: DISH) to get a low wholesale price for service that it could then turn around and offer to Prime members for $10 a month or even free as an incentive to join and stick with the membership program.
(Bloomberg) -- Amazon.com Inc. has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service to Prime subscribers, according to people familiar with the situation.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsRay Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’Mystery Bet Before SE
AT&T (T) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Verizon (NYSE: VZ) is often considered a stable investment for conservative income investors. If you had invested $1,000 in Verizon on Feb. 21, 2014 -- the fateful day it took full control of Verizon Wireless by buying out Vodafone's (NASDAQ: VOD) 45% stake in the joint venture for a staggering $130 billion -- your investment would be worth roughly $740 today. Let's see why Verizon underperformed the market by such a wide margin -- and whether it will ever recover.
The telecom giant offers an attractive dividend yield, but at least one key performance indicator is concerning.
Costco's smartphone prices are competitive, but that's not the only reason you should buy one here. Learn why it's a good idea to buy a smartphone at Costco.
AT&T (NYSE: T) scored, if not a touchdown, then a field goal that tilted the score in its favor at the end of the week. DirecTV, in which the company holds a majority stake, announced a fresh multi-year broadcasting deal with a top professional sports league. Investors liked the sound of that and rewarded AT&T by kicking its share price 2.3% higher on the day.
Telecom giants AT&T (NYSE: T) and Verizon Communications (NYSE: VZ) are staples for many passive income investors, and for good reason. To wit: AT&T stock presently sports a rather generous 6.8% annualized dividend yield, while Verizon's dividend yield clocks in even higher at 7.2%. Jeremy Bowman (Verizon): AT&T and Verizon have both been stock market losers in recent years.
Investors who watch AT&T (NYSE: T) closely know that it has spent the last two years atoning for a costly mistake. Despite the 47% cut, the payout has brought consternation instead of relief -- so much so that AT&T might want to eliminate the dividend completely. The focus on the dividend might come as a surprise, since after 35 years of consecutive increases, AT&T slashed the annual dividend from $2.08 per share to $1.11 per share.
The two leading U.S. telecom stocks, AT&T (NYSE: T) and Verizon (NYSE: VZ), came under significant pressure on Thursday. The source of this was a media article about the market entry of a potentially powerful new rival. This put enough fear in investors to drive AT&T's share price down 5% on the day, while Verizon's suffered a nearly 3% decline.
The satellite television provider, which had the rights to Sunday Ticket until the end of the 2022 season, said the agreement is set to begin with the upcoming 2023 NFL season. The company has partnered with EverPass Media, backed by equity firm RedBird Capital Partners and NFL, for the deal. Sunday Ticket allows subscribers to watch all local and out-of-market U.S. games of the day, while football fans otherwise in any given market can only watch a limited number of games.
The core business is wireless, which will grow slowly at best. The secondary business is fiber internet, which is now growing quickly enough to offset declining revenue from legacy infrastructure. AT&T's growth will impress no one, but the company is a cash machine that pays a generous, sustainable dividend.
AT&T (NYSE: T) and IBM (NYSE: IBM) offer healthy dividend yields for investors looking for passive income. Fool.com contributor and finance professor Parkev Tatevosian picks his favorite dividend stock to buy.
These stocks are both trading at lower prices now than the lows they hit during the 2020 market crash.
With a customer-centric business model, AT&T (T) is likely to benefit from the increased deployment of mid-band spectrum and greater fiber densification.