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AT&T Stock Is Back to Multiyear Highs. Time to Buy?
AT&T (NYSE: T) stock appears to be benefiting from its most promising outlook in years. Earlier in the decade, the stock suffered after the company slashed its dividend in 2022 following 35 consecutive years of increases.However, the telecom stock now trades at its highest levels since 2019, and the company's earnings report for the first quarter of 2025 indicates it is back on track. But can that growth continue? Let's take a closer look.Admittedly, AT&T gave investors little to like in recent years. The company made costly mistakes in its purchases of DirecTV and what was Time Warner in the previous decade, later selling both businesses at a considerable loss. Those losses forced the eventual dividend cut.Continue reading
AT&T (NYSE: T) stock appears to be benefiting from its most promising outlook in years. Earlier in the decade, the stock suffered after the company slashed its dividend in 2022 following 35 consecutive years of increases.
However, the telecom stock now trades at its highest levels since 2019, and the company's earnings report for the first quarter of 2025 indicates it is back on track. But can that growth continue? Let's take a closer look.
Admittedly, AT&T gave investors little to like in recent years. The company made costly mistakes in its purchases of DirecTV and what was Time Warner in the previous decade, later selling both businesses at a considerable loss. Those losses forced the eventual dividend cut.
