Investors sought safety today.The stock market had a terrible end to the week, and very few companies were spared from the carnage. Three that were up are in the telecom industry and probably aren't on your list of top stocks right now. But maybe they should be.Despite the S&P 500 trading down 2.2% at 3 p.m. EDT, shares of Verizon (VZ 0.29%) have been up as much as 2.7%; AT&T (T -0.51%) was up 2.6%; and T-Mobile (TMUS 0.90%) was up 3.6% at its peak. The stocks are now essentially flat on the day, but that's ...

Despite the telecom sector’s strong performance this year since mid-April, as indicated by the S&P Telecom Select Industry Index, its growth rate remains lower than the broader market, represented by the S&P 500. The telecom sector has added about 2.49% year to date, as compared to the S&P 500’s 13.2% gain.However, the sector’s outlook remains optimistic, driven by optimistic AI forecasts and the rising market expectations of an interest rate cut in September. Both AT&T and Verizon Communications Inc. repor ...

MYND IMMERSIVE TEAMS WITH AT&T, HTC VIVE, NETGEAR AND SELECT REHABILITATION TO BUILD NATIONAL SPATIAL COMPUTING NETWORK FOR OLDER ADULTS NEW YORK, July 31, 2024 /PRNewswire/ -- Mynd Immersive, a pioneer in the field of delivering immersive therapeutics to older adults, and the CTA Foundation, the non-profit arm of the Consumer Technology Association, are thrilled to announce the launch of the Great American Elderverse™ program, supported by the Steven & Alexandra Cohen Foundation, AT&T, HTC VIVE, NETGEAR, a ...

Sustainability concerns have dogged AT&T's high-yielding dividend over the past several years.AT&T (T -0.58%) has one of the highest dividend yields in the S&P 500. At nearly 6%, it's a lot higher than the market index's average of 1.3%. Sustainability concerns are a big driver of that high yield. The telecom and broadband company slashed its payout by nearly half in early 2022 following the spinoff of its media business into Warner Bros. Discovery. It needed to retain additional cash to invest in its busin ...

It’s a confusing moment in time for the world of telecommunications. After spending much of the 21st century experiencing rapid growth, many telecom-focused markets are facing sustained periods of saturation. In the United States, smartphone shipments declined in the first quarter for the sixth consecutive quarter. Similar levels of saturation impacted global broadband subscriber growth, which reached its slowest rate has been slowing since 2019. Until the technology is replaced by something more advanced, ...

Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images or videos from their phones while helping them with in-store data transfers.The cases are routinely dismissed when the companies argue they weren't aware of the staffer's actions and aren't liable because the employees were acting outside the scope of their duties. But that could soon change after a recent court ruling, legal experts told CNBC.N ...

What could be the next catalyst for the stock?Share prices of AT&T (T -0.94%) were heading nicely higher after the wireless company saw solid subscriber additions and generated strong free cash flow when it reported its second-quarter results. The rally pushed the stock's gain for the year up to 14%.Let's take a look a AT&T's Q2 results and determine whether now is a good time to buy the stock.Strong subscriber additionsFor the quarter, AT&T saw solid results in its wireless business, with 593,000 retail po ...

jetcityimage In our previous update on AT&T (NYSE:T), we maintained a Buy and suggested that fair value was modestly higher. We think that whatever cyclicality we get, the current valuation does offer investors a good buffer. Once we hit that target, a dividend hike is extremely likely. We continue to rate AT&T Inc. shares a Buy and maintain a $21 fair value target. Source: Seeking Alpha The stock has continued to trek higher and the same picture below shows that we have been optimistic on this for qui ...

jetcityimage T stock: still a buy near 52-week high prices I have turned bullish on AT&T stock (NYSE:T) in the past 1~2 years and have written several articles on it. As you can see from the screenshot below, my most recent article on the stock was "Let Your Profit Run" and it was published on July 8, 2024, on the Seeking Alpha platform. In the article, I argued that: T stock may have reached an inflection point with improving cash flow and strengthening market position. The current competitive landscap ...

Images By Tang Ming Tung/DigitalVision via Getty Images AT&T Inc. (NYSE:T) has just released earnings, and I wanted to review them to see if it's worthwhile buying this former dividend aristocrat at current prices or not. I'll make that determination by looking at the most recent financial statements, paying particular attention to the viability of the dividend, for obvious reasons. I'll then compare the stock to the risk-free rate to see if investors are being adequately compensated for the risk of stock o ...