cancel
Showing results for 
Search instead for 
Did you mean: 
     
Highlighted
Frequent Contributor

ATT

AT&T Progress

I thought I would take another look at AT&T since its disastrous HBO Max launch, the upcoming fire sale of gaming division, 250 store closings, and massive layoffs.

 

First from M*

"Advancing technology will swamp AT&T’s best businesses over the next decade. New wireless technologies will enable a host of firms to enter the business, commoditizing this service.

Ubiquitous, high-quality Internet access will allow content creators to easily reach audiences without the help of platforms like HBO.

Supporting declining businesses, like fixed-line phone service, creates a drag on profits that will only grow over time.

AT&T’s massive debt load and hefty dividend payout leave little financial flexibility. The dividend will get cut at the first sign of trouble."


At a near 7% yield, many assume T to be an excellent investment, however, a quick look at its performance tells another story. Over the eleven standard measuring periods used by M*, AT&T falls last in everyone compared to an indexed fund.


                         T                 VTI


1 day………+92%…….+1.92%

5 day…….-5.64%……..-2.45%

15 day……-.13%…….+4.80%

1mo……..+7.74%……+8.20%

3mo……..-4.12%……+29.19%

6mo……-20.96%…….-4.24%

YTD……-21.51%…….-5.67%

1yr………-5.57%…….+5.73%

3yr……..-21.71%……+24.25%

5yr…….-11.70%…….+42.37%

10yr…+25.51%…….+177.45%

veni vidi vici vti
0 Kudos
Announcements