AT&T (T) is an American conglomerate with a strong foothold in the telecommunications arena. The stock has been viewed by many as the ultimate dividend aristocrat and an excellent value play during turbulent market conditions. I'm bullish on the stock. Market Outlook The stock market seems to dislike growth stocks at the moment, with a shift to value being imminent amid interest rate hikes. The reason for this is valuation linked; when interest rates rise, we usually see flatlining earnings in growth assets while more mature value assets sustain their linear earnings growth as they're generally past the industry consolidation stage.
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