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)
tradingview.com/chart/ESwsUc7Y/?symbol=NYSE:T
tradingview.com/chart/ESwsUc7Y/?symbol=NYSE:T
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