AT&T: Stock With 20% Growth Potential
- Date: 27-Oct-2020
- Source: Forbes
- Sector:Financial Markets
- Country:Middle East
AT&T: Stock With 20% Growth Potential
The AT&T logo is seen below the BellSouth Bell logo on the Main BellSouth building in Atlanta, ... [+] Georgia, January 4, 2007. Last year's $3.68 trillion in takeovers, led by AT&T Inc.'s $86 billion purchase of BellSouth Corp., outweighed the biggest year for initial public offerings since at least 1999. Photographer: Chris Rank/Bloomberg News.
BLOOMBERG NEWS
We believe AT&T stock (NYSE: T) may be a good opportunity at the present time. AT&T
T
trades at $28 currently and is, in fact, down 29% so far this year (from $39 at the beginning of 2020). It traded at $38 in February 2020 – just before the coronavirus pandemic hit the world – and is currently 28% below that
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