AT&T: Shares Are One Of Two Good Income Options
AT&T(T) Seeking Alpha·2024-09-09 05:43RiverNorthPhotographyIntroduction Telecom giant AT&T (NYSE:T) has been good to its shareholders in 2024. The company has returned nearly 50% in income and gains since I wrote about them last September. The latest surge in share price is likely related to fiber’s role in the AI boom with Lumen Technologies and the deal by Verizon to acquire Frontier Communications. While investors may be gun shy to invest in AT&T at its 52-week high, the shares are still carrying underlying value, and investors can opt t ...