RedHotStocks

A POSSIBLE FLIGHT TO SAFETY IN AT&T

Long
NYSE:T   AT&T Inc.
It seems that next week will bring a major flight to safety, Telecommunications is a safe haven in times of turmoil. The trade War has stepped up and once again the tech sector will fall like a stone, AT&T will be a benefactor of that. Possible look for selling on Monday but Tuesday would be a nice entry point to go long into the breakout.
AVERAGE ANALYSTS PRICE TARGET $34
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 14
SHORT INTEREST 2%
COMPANY PROFILE
AT&T, Inc. is a holding company, which engages in the provision of telecommunications media and technology service. It operates through the following four segments: Communications, Warner Media, Latin America and Xandar. The Communications segment provides services to businesses and consumers located in the U.S., or in U.S. territories, and businesses globally. The Warner Media segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. The Latin America segment provides entertainment and wireless services outside of the U.S. The Xandar segment provides advertising services. The company was founded in 1983 and is headquartered in Dallas, TX.

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