Why AT&T Stock Is a Buy Right Now

The telecom giant looks headed in the right direction after a multiyear turnaround.It was a long time coming. Shares of telecom titan AT&T (T 0.71%) have finally reversed course after languishing below $20 per share for some time. In fact, the stock was on the decline, and reached a 52-week low around $14 last August.Since then, AT&T's financial performance has proven the company is on a positive trajectory. Its stock began to climb, attaining a 52-week high of $19.99 this August. Shares remain near that hi ...