Is AT&T a Value Stock?

Many stock analysts entered 2024 with the expectation that the year would mark a shift to value. After all, large-cap growth stocks had a stellar performance last year and many of them are now trading at lofty valuations that are hard to justify.On the other hand, many solid but slower-growth companies have seen their share prices decline in recent years due to rising interest rates and a cooling economy. Moreover, investors should not forget that value stocks have often beaten growth stocks over long perio ...