AT&T's Meandering Should End Soon

Filed under: AT and T (T), Stocks to Buy

The stock of AT&T Inc. (T), first written about here on February 11, 2009, at a price of $25.89, has meandered at/near $26 for the better part of a year, and that is a disappointment.



Even so, T remains well-positioned for the Internet/communications revolution in the years ahead. Look for T's revenue to grow about 2-4% in 2010, led by an impressive increase in cell phone customers (which numbered about 85 million as of January 2010) and wireless data service customers.

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AT&T's Meandering Should End Soon originally appeared on BloggingStocks on Thu, 18 Mar 2010 18:00:00 EST. Please see our terms for use of feeds.

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