Buy This Beaten-Down High-Yield Dividend Stock Before It's Too Late

The stock market has slowly started to come to its senses about telecom giant AT&T (T 0.06%). While the stock is still down significantly from its all-time high, shares have surged around 25% since they bottomed out in mid-2023.Still dirt cheapEven after this rally, it's clear that a cloud of pessimism continues to hover over the stock. AT&T has a market capitalization of around $120 billion, and the company expects to generate between $17 billion and $18 billion of free cash flow this year. At the midpoint ...