T belongs to defensive sectors, which tend to outperform the stock market during the downturn. Financial performance of AT&T should significantly improve following the splitoff Warner Broth. Growing free cash flow warrants stable dividend payments. At the current price the dividend yiled looks very attractive. On a technical basis T has solid Support around $15.5 per share, which i would consider as a very attractive entry point for investors (long-term)
www.tradingview...chart/ESwsUc7Y/?symbol=NYS...
www.tradingview...chart/ESwsUc7Y/?symbol=NYS...