Is It Finally Safe to Buy AT&T Stock?

It's not often that a stock hits a 30-year low, but AT&T (T 3.00%) did just that last summer in the wake of revelations that "toxic" lead-clad cables left behind underground and underwater by the company decades ago could cost it billions of dollars to remove and properly dispose of.The lead cables issue was the latest ignominy to hit the telecom giant, coming after years of underperformance that included a failed bid to buy Sprint, losing market share to more nimble competitors like T-Mobile, and a series ...