Thoughts on AT&T (T) as a stock to purchase?

» Site Navigation
Home Page The Villages Maps The Villages Activities The Villages Clubs The Villages Book Healthcare Rentals Real Estate Section Classified Section The Villages Directory Home Improvement Site Guidelines Advertising Info Register Now Video Tutorials Frequently Asked Questions
» Newsletter Signup
» Premium Tower
» Advertisements
» Trending News
» Tower Sponsors




















» Premium Sponsors
» Banner Sponsors
» Advertisements
Closed Thread
Thread Tools
  #1  
Old 04-25-2021, 07:39 PM
TNGary TNGary is offline
Senior Member
Join Date: Jan 2017
Posts: 136
Thanks: 0
Thanked 53 Times in 26 Posts
Default Thoughts on AT&T (T) as a stock to purchase?

Company has numerous times, CEO, confirmed commitment to 6-7% dividend.
Q1 was on the upside
high debt but appears able to manage debt and still have some free cash flow.

Any thoughts as a stock to purchase?
  #2  
Old 04-25-2021, 08:33 PM
Viperguy Viperguy is offline
Senior Member
Join Date: May 2016
Location: Sanibel
Posts: 307
Thanks: 2
Thanked 230 Times in 77 Posts
Default

Warner media.....CNN. No way
  #3  
Old 04-26-2021, 07:56 AM
justjim justjim is offline
Sage
Join Date: Feb 2012
Location: Illinois, Tennesee, Florida, Village of Caroline, Sanibel, LaBelle
Posts: 5,035
Thanks: 59
Thanked 834 Times in 317 Posts
Default

OP, ask a question and isn’t that what this forum is about? OP, ATT is a “blue chip” stock and a couple of my mutual funds have the stock. As I don’t follow the Market closely anymore, frankly I let the “various diversified funds” pick the stocks and it’s all been good and much less stressful than picking and trading in the market daily, or weekly. As noted, ATT pays a very nice dividend and IMHO an excellent conservative stock pick. Of course, there are others so to each his own.
__________________
Most people are as happy as they make up their mind to be. Abraham Lincoln
  #4  
Old 04-26-2021, 09:29 PM
CoachKandSportsguy CoachKandSportsguy is offline
Veteran member
Join Date: Jan 2019
Location: Marsh Bend
Posts: 825
Thanks: 367
Thanked 790 Times in 340 Posts
Default

Ah, I think that there are other better stocks for a dividend plus growth, than AT&T. The competition and investment requirements are intense. . .but I am just a poster on a retirement development web site, and could be anyone. . .

Best to talk with your investment advisor that a bunch of web site typists

and yes I am in corp finance. . .
  #5  
Old 04-27-2021, 05:20 AM
tsmall22204 tsmall22204 is offline
Senior Member
Join Date: May 2017
Posts: 248
Thanks: 0
Thanked 502 Times in 166 Posts
Default

The very people you are seeking advice from have investment companies that advise them. Get your own.
  #6  
Old 04-27-2021, 05:41 AM
dewilson58's Avatar
dewilson58 dewilson58 is offline
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 8,475
Thanks: 579
Thanked 5,932 Times in 2,180 Posts
Default

Quote:
Originally Posted by Stu from NYC View Post
Come here for advise on a stock?
Absolutely!!!

People come here for advice on: retirement, golf carts, houses, brokers, pizza, dog poop, mortgages, impact fees, NOTHING, humidity, plumbers, golf conditions, doctors.
__________________
Mr. Wonderful
  #7  
Old 04-27-2021, 05:42 AM
Catalina36 Catalina36 is offline
Senior Member
Join Date: Nov 2020
Posts: 160
Thanks: 5
Thanked 190 Times in 68 Posts
Default

Excellent choice, I have been in AT&T for about 1 1/2 years. I tell my friends about this stock. I started watching around 26 to 27. Pays a great dividend of 6.8% the high at one time was around 39. So I feel there’s room to go up. Pays quarterly dividends. Also check IIM a muni fund pays 4.9% fed tax free. Pays monthly dividend. I have been in this for over 5 years. Trades like a stock buy today sell tomorrow. No term.
  #8  
Old 04-27-2021, 05:44 AM
Catalina36 Catalina36 is offline
Senior Member
Join Date: Nov 2020
Posts: 160
Thanks: 5
Thanked 190 Times in 68 Posts
Default

Oh I forgot AT&T is now around 31.50 nice move up and a great dividend. I have been in since $26.78. Enjoy very little risk AT&T is not going bankrupt.
  #9  
Old 04-27-2021, 06:02 AM
dewilson58's Avatar
dewilson58 dewilson58 is offline
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 8,475
Thanks: 579
Thanked 5,932 Times in 2,180 Posts
Default

Quote:
Originally Posted by Catalina36 View Post
Enjoy very little risk AT&T is not going bankrupt.
Oooooooooo, you were doing so well until this statement.

__________________
Mr. Wonderful
  #10  
Old 04-27-2021, 07:16 AM
lkagele lkagele is offline
Senior Member
Join Date: Jun 2015
Posts: 253
Thanks: 0
Thanked 527 Times in 185 Posts
Default

Too much debt. If you're not adverse to 'sin stocks', check out MO.
  #11  
Old 04-27-2021, 08:09 AM
stan the man stan the man is offline
Veteran member
Join Date: May 2016
Posts: 837
Thanks: 1,015
Thanked 269 Times in 136 Posts
Default

Quote:
Originally Posted by dewilson58 View Post
Absolutely!!!

People come here for advice on: retirement, golf carts, houses, brokers, pizza, dog poop, mortgages, impact fees, NOTHING, humidity, plumbers, golf conditions, doctors.
Oh thank you
  #12  
Old 04-27-2021, 08:11 AM
Stu from NYC Stu from NYC is offline
Sage
Join Date: Feb 2020
Posts: 5,912
Thanks: 639
Thanked 8,237 Times in 2,718 Posts
Default

I have a bridge with very little usage that would be available for a good price.

On a different note consider a dividend growth type mutual fund that will pay less in dividends than A T and T but give you diversification with less risk.
  #13  
Old 04-27-2021, 08:22 AM
diamond2005 diamond2005 is offline
Member
Join Date: Nov 2016
Posts: 59
Thanks: 0
Thanked 88 Times in 27 Posts
Default

Quote:
Originally Posted by Catalina36 View Post
Excellent choice, I have been in AT&T for about 1 1/2 years. I tell my friends about this stock. I started watching around 26 to 27. Pays a great dividend of 6.8% the high at one time was around 39. So I feel there’s room to go up. Pays quarterly dividends. Also check IIM a muni fund pays 4.9% fed tax free. Pays monthly dividend. I have been in this for over 5 years. Trades like a stock buy today sell tomorrow. No term.
Check their debt! If you are buying strictly for dividend,
then go for it. It will not appreciate much until it sheds
some debt.
  #14  
Old 04-27-2021, 08:32 AM
Boomer Boomer is offline
Soaring Parsley
Join Date: Nov 2007
Posts: 4,458
Thanks: 28
Thanked 1,215 Times in 360 Posts
Default

Quote:
Originally Posted by Stu from NYC View Post
Come here for advise on a stock?
Quote:
Originally Posted by stan the man View Post
When I need my shoes fixed - I go to a shoemaker. When I need advice............
Quote:
Originally Posted by tsmall22204 View Post
The very people you are seeking advice from have investment companies that advise them. Get your own.

Ah, yes, what a surprise — snide comments from the patrol boys. Not sure why some posters think they have to judge and approve every question.

Anyway, OP (TNGary), I understand what you are asking — because I also like to talk generally about individual stocks sometimes.

It looks like you are watching T closely. That dividend is tempting and you are aware of the debt thing.

I need to look at whether they have increased the dividend again. CEOs do not like to lose the status that goes with years and years of consecutive dividend increases — even if the increase has to be a tiny one. (I am going to look this up later.)

If you don’t own any T right now, you might want to buy a few shares — which will make it more interesting for you to follow, without betting the farm. See how owning it makes you feel. (Yeah, I have to determine how a stock makes me “feel” but maybe that’s a woman thing. )

I looked this morning to see how Fidelity’s rating looked and the computer-generated number was at the low end of neutral. But I am never sure what goes into that number.

Anyway, thanks for the discussion, and good luck with your decision.

Boomer
  #15  
Old 04-27-2021, 08:51 AM
dewilson58's Avatar
dewilson58 dewilson58 is offline
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 8,475
Thanks: 579
Thanked 5,932 Times in 2,180 Posts
Default

One poster recommended GUT as a dividend investment.
__________________
Mr. Wonderful
Closed Thread

Tags
thoughts, stock, purchase, debt, cash

Thread Tools

You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 03:06 PM.