Core Insights - The article discusses two stocks, AT&T and Alphabet, that may be appealing to budget-conscious investors due to their valuation and business models AT&T - AT&T's stock price is under $30, making it accessible for most investors [3] - The company's price-to-earnings (P/E) ratio is around 17x, significantly lower than the S&P 500's P/E ratio of about 30x and much lower than tech stocks like Spotify, which has a P/E ratio of 164x [4] - AT&T has refocused its business on wireless and fiber services, divesting media assets and reducing its debt, which stands at over $141 billion [5] - The company pays a quarterly dividend of $0.2775, translating to an annual dividend of $1.11 per share, resulting in a dividend yield of 3.75% [6] Alphabet - Alphabet's stock price is around $249, but fractional share trading allows investors to buy into the company without needing to purchase whole shares [7] - The company has a diverse business model, with Google Search generating over $200 billion in annual revenue and experiencing a 12% year-over-year growth [9] - Alphabet's Google Cloud segment generated $13.6 billion in revenue last quarter, reflecting a year-over-year growth rate of 32% [10] - The company also earned over $17 billion in quarterly ad revenue from YouTube and its Google network [10] - The combination of Alphabet's strong business segments and growth potential makes it a compelling option for budget-conscious investors [11]