Why I'm Reiterating My Buy Rating On AT&T (Technical Analysis)
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The article reiterates a buy rating on AT&T due to bullish near-term technicals, despite some long-term caution signals. Recent earnings showed strong EPS growth, though revenue growth was stagnant.
January 30, 2025 | 2:45 pm
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AT&T's near-term technicals are bullish, supported by strong EPS growth despite stagnant revenue. However, long-term caution is advised due to divergence signals in MACD and RSI.
The article highlights a buy rating for AT&T based on bullish technical indicators and strong EPS growth. However, it advises caution due to long-term divergence signals in MACD and RSI, which could impact future performance.
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