AT&T For Dummies

RichLegg/E+ via Getty Images We started aggressively buying AT&T Inc. (NYSE:T) when it hit $14, and we have updated you along the way on why we liked telecoms at these levels. As we know, the high debt in this environment is the clearest risk, but cash flow remains strong, and the two telecoms we have recently bought this year, T, and Verizon Communications Inc. (VZ), are covering the dividend and continuing to raise it. We own them both for the income, but do see future capital appreciation, and closed out ...