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
-
If you're looking for income, turning to your investment portfolio is a natural choice. Lately, that's been a tough assignment, beca...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
All seven equities on this list have dividend yields above 13%, but the highest one yields nearly 27%! In addition, each equity has a positi...
-
Dividend-payng semiconductor stocks to buy during a computer chip shortage for electric vehicles (EV), smartphones and other technology prod...
-
Investors in retirement may desire additional income. Those who don’t have a pension are likely relying on Social Security, and their retire...
-
Dividend safety is especially important when stock prices are falling. Many companies cut their dividend payouts in 2020 during the coronavi...
-
Sometimes, stocks are a bargain because the company's prospects are being overlooked, and sometimes, it's just the result of a broad...
-
Investing in dividend-paying stocks is a good way to generate fairly reliable income. However, that strategy doesn't necessarily mean yo...
-
The four dividend-paying retail technology stocks to buy towered over the rest at a BoA Global Research Consumer & Retail Technology C...
-
Why do REIT’s have high payout ratios? Investors looking to invest in real estate investment trusts (REITs) may be intimidated by payout rat...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.