AT&T's Biggest Problem Could Stall The Stock For Years
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Samuel SmithInvesting GroupFollow5ShareSavePlay(6min)Comments(3)Follow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsSummaryAT&T just posted a double beat with 12% EPS growth and strong broadband adds.However, there were also some concerning numbers showing up under the hood.I take a closer look at T's results and share what I believe will hold T back for the foreseeable future.Looking for a portfolio of ideas like this one? Members of High Yield Investor get exclusive access to our subscriber-only portfolios. Learn More » Richard Drury/DigitalVision via Getty Images I last covered AT&T (T) back in October of last year and rated the stock as a sell, as I believed that the valuation had gotten ahead of itself since its price-to-earningsThis article was written bySamuel Smith49.69K FollowersFollowSamuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering from Texas A&M with a focus on applied mathematics and machine learning.Samuel leads the High Yield Investor investing group. Samuel teams up with Jussi Askola and Paul R. Drake where they focus on finding the right balance between safety, growth, yield, and value.
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