AT&T Stock Fell After Its Q4 Release Today -- Time to Buy This High-Yield, Passive Income Machine Hand Over Fist?

AT&T (T -2.97%) stock lost ground in Wednesday's daily trading. The telecom company's share price closed out the session down 3%, according to data from S&P Global Market Intelligence.AT&T published fourth-quarter results before the market opened this morning, delivering mixed top- and bottom-line results. The company's revenue grew 2.2% year over year to hit $32.02 billion and beat the Wall Street target by $560 million. On the other hand, non-GAAP (generally accepted accounting principles) adjusted earnin ...