How To Earn $500 A Month From AT&T Stock
Portfolio Pulse from AJ Fabino
AT&T Inc (NYSE:T) is currently trading near multi-decade lows, but there may be an opportunity for investors to capitalize on both potential capital appreciation and its dividends. AT&T's CFO Pascal Desroches recently reassured investors about the company’s financial health at the Bank of America Corp (NYSE:BAC) C-Suite Technology, Media and Telecommunications Conference. Desroches reiterated AT&T’s free cash flow target of $16 billion or more for 2023. The projected cash flow, combined with AT&T’s trading at near historic lows, may present an appealing opportunity for yield-seeking investors.
July 13, 2023 | 6:27 pm
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NEUTRAL IMPACT
Bank of America Corp (NYSE:BAC) hosted the C-Suite Technology, Media and Telecommunications Conference where AT&T's CFO reassured investors about the company’s financial health.
Bank of America hosted the conference where AT&T's CFO reassured investors about the company’s financial health. While this news doesn't directly impact Bank of America's financials, it could boost investor confidence in the bank's role as a host of such events.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
AT&T's stock is trading near multi-decade lows, but the company's CFO has reassured investors about its financial health and reiterated a free cash flow target of $16 billion or more for 2023. This could present an appealing opportunity for yield-seeking investors.
AT&T's CFO has reassured investors about the company's financial health and reiterated a free cash flow target of $16 billion or more for 2023. This, combined with the stock trading at near historic lows, could make it an appealing opportunity for yield-seeking investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100