AT&T Stock has provided exceptional profits all year for my portfolio despite the fact that the stock has actually performed poorly for buy and hold investors all year.
AT&T One Year Chart – Ideal!
For this year the chart has been simply ideal for my strategies. The return is nearing 30% for the year on AT&T Stock against capital invested. Yet looking at the chart it has been an overall poor performer for buy and hold.
The stock started the year at $33.59 and today is sitting at $33.44. The high for the year has been $36.45 back on June 25. The low was in the panic on August 24 at $30.97. Overall a very poor year indeed for those seeking a capital gain through buying the stock at the start of the year and holding it until the end.
End of Year Coming Up
There is still a month left until 2015 ends so perhaps there will be another rally in the stock. I had expected the stock to rally harder after the latest earnings were announced as AT&T beat estimates in all areas from revenue to earnings to forecast for 2016. That though didn’t happen as the stock shot up for one day and by the end of the day has collapsed.
AT&T Stock Latest Quarterly Earnings
The chart below shows AT&T on October 22. Earnings blew past analysts estimates. AT&T brought in 74 cents per share earnings on revenue of $39.1 billion. Estimates were on average for 69 cents per share on $36 billion. Needless to say it was disappointing to see the stock flounder this way and then enter a pullback.
Dividend Is Solid
The dividend in AT&T Stock is solid in my opinion. Presently at $1.88 the return is 5.62%. Price to earnings is high at 39 times but if their forecasts for 2016 are correct, that PE will fall. The stock I think should be pushing the $38 to $40 valuation and perhaps it will in 2014 but for my portfolio, I don’t need anything to change at all.
Here is the latest trade alert for AT&T Stock. This trade alert discusses the stock’s outlook and and today’s trade as well as why I think next week could provide an even better opportunity for more trades..
This trade alert article is for FullyInformed members.
Trade Alert and Strategy Outline for AT&T Stock – Nov 25 2015
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.