T stock can still weather storms that would sink others
AT&T Inc. (NYSE:T) stock is having a tough day. Actually
… T stock has had a tough quarter.
In its most recent quarter, AT&T announced that it lost
90,000 subscribers and that its hopes for a boon of new subscribers from its
pending Time Warner Inc (NYSE:TWX) deal may be more optimistic than previously
anticipated.
But T stock has dropped almost 2% in the past five days and
5% year-to-date.
With all the evolution going on in the cable space and the
competition in the mobile space, the question becomes, is AT&T stock still
a good long-term stock to hold to take advantage of the transition, or is it
becoming a dinosaur?
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