AT&T (NYSE:T) finally is getting some love, with shares pushing through multiple resistance levels. I have been pounding the table on AT&T stock below $30 and we’re finally seeing that bet pay off. Not that we haven’t been compensated in the meantime with T’s massive dividend yield, which is still at 6.4%. The big question from those that have been on the sidelines: Is it too late to buy AT&T stock?
The short answer is no, and those investors will likely get a better chance than what T stock currently offers. Investors are turning cautiously optimistic on the name, as the share price inches higher. Just a few days ago, AT&T stock gapped higher and has been treading water near $32. If we get a slight pullback down to $31 (which is very doable in my view) investors could be looking at a setup that has 10% upside in the stock price while getting paid more than 6.5% from AT&T’s dividend yield.
Source: InvestorPlace
Related Articles:
- Successful Investors Take The Emotion Out
- 5 Under-Valued Dividend Growth Stocks
- Dividend Stocks vs. a Safe Distribution Rate
- 5 Select High-Yield S&P 500 Dividend Stocks
- A Winning Investment Strategy
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Well-chosen dividend stocks are powerful wealth creators. They can add both growth and stability to your investment portfolio -- while putti...
-
High-yield stocks with low price-to-earnings ratios tend to do well over time. It’s also a good deal for investors when the earnings of the ...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
Whenever a non-dividend-paying stock sets up a regular dividend policy, it is considered very, very good news. And that’s also why, whenever...
-
Dividend stocks are the Swiss army knives of the stock market. When dividend stocks go up, you make money. When they don't go up -- you ...
-
I have chosen five stocks selling with dividend yields of 6%+ and with low payout ratios. The dividends of these stocks represent just 50% o...
-
Investors tend to gravitate to dividend stocks, particularly when those equities increase their payout on an annual basis. When these types ...
-
It has been a glum time for ExxonMobil (NYSE:XOM) shareholders. Regardless of whether you’re looking at the past one year, five years, or te...
-
As time passes, fewer investors are familiar with Peter Lynch. That’s a shame. The famous former Fidelity fund manager delivered astounding ...
-
Dividend-paying companies are beacons of profitability. Generally speaking, a company isn't going to share a percentage of its profit or...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.