Those looking for safety and growth all rolled up into to one I guess. Now is that a impressive chart or what.
I don't have time to look up actual prices for each dividend I'm posting because that would involve re-calculating all the yields as well. I just go by what Zacks is saying for all of them. I'm guessing it lags behind by a day or two.
Merrill Lynch Out With Top US Stock Picks for Q3 AT&T investors receive a 4.42% dividend. The Merrill Lynch price target for the stock is $46, and the Thomson/First Call consensus target is $39.56. Shares closed Tuesday at $43.35. Read more: http://247wallst.com/investing/2016/07/06/merrill-lynch-out-with-top-us-stock-picks-for-q3/
Not sure why T is down this morning but it could be a technical drop that is overdue from it;s overbought level
I'd guess this would be the extent of the pullback, since this is pretty much a safety stock and has been on that non-stop grind upwards.
This is why T dropped today after it got a upgraded target price yesterday. Funny how this kind of news comes out after the price had already dropped. You think Citi might have started a short position before the news release. AT&T: Citi Cuts to Hold as Higher Treasury Rates Loom http://blogs.barrons.com/techtrader...reasury-rates-loom/?mod=yahoobarrons&ru=yahoo
Citi's downgrade brought the price down a little bit, but the traders come back to T when the markets are red
Bought some calls on the dip: T AUG 19 2016 43.00 C BOUGHT TO OPEN 4 CONTRACTS OF OPTION T AUG 19 2016 43.00 C AT $0.73 In the red, but I've got some time before my calls expire.
What to Expect When AT&T Report Q2 Earnings? Wireless communications giant AT&T, Inc. (T) will report second-quarter fiscal 2016 earnings results after the closing bell Thursday. In a rush towards safety and dividend payers, shares of the company have risen more than 24% through Wednesday, compared with a rise of 6.32% for the S&P 500 (SPX) index. Analysts feel broadly positive about what the company will reveal Thursday. Competition from the likes of Verizon Communications Inc. (VZ) and T-Mobile US, Inc. (TMUS) has begun to pick up, however. Although the company's total net additions grew in the first quarter, AT&T suffered postpaid wireless customer losses of 363,000. By contrast, Verizon lost only 8,000, while T-Mobile added almost 900,000. https://finance.yahoo.com/m/d1e95e7d-4945-360e-a1f8-9d3e9e3bf25f/ss_what-to-expect-when-at&t.html
Reported after close today (7/21/16) Earnings: EPS $0.72 Revenue $40.5B Estimates: EPS $0.72 Revenue $40.63B Down 1.22% after hours so far
Not sliding this morning with the markets down AT&T (T) Slides on Weak Q2 Revenue, Reiterates Full-Year Guidance AT&T (T) just released its second-quarter earnings results, posting earnings of $0.72 per share and revenue of $40.52 billion. Currently, T has a Zacks Rank #2 (Buy), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below. http://finance.yahoo.com/news/t-t-slides-weak-q2-215409647.html
Why Analysts Are Raising AT&T Targets After Earnings Jefferies removed the telecom giant from its Franchise Picks list on Wednesday but reiterated its Buy rating and raised its price target from $44 to $48 after AT&T reported its results. Read More: http://247wallst.com/telecom-wirele...lysts-are-raising-att-targets-after-earnings/
Considering the miss in revenue this quarter was slight and forward guidance is that they will meet or beat for the year this pullback that might occur this coming week will likely be short lived. If one wants to get in to T for the long term then buying any dip is the way to go unless you want to try a little more patience and wait for under 39 to get 5% yield. I think this will happen sometime this year but it will take a full market pullback to get there at least IMHO.
The signal is getting stronger for another run as T nears the top of the upper BB. A break above 43.50 and it is off to the races.
