Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, April 25, 2025

Article Excerpt

AT&T INC., $26.81, New York symbol T, is your #1 Income Buy for 2025. The company is the largest wireless (cellphone) carrier in the U.S., with 117.96 million subscribers (excluding mobile devices such as tablets). It also has 14.11 million high-speed Internet users and provides traditional telephone services to consumers and businesses. AT&T continues to benefit from its plan to focus solely on its main telecom businesses. As part of that strategy, in April 2022, the company merged its WarnerMedia entertainment business with Discovery Inc. to form Warner Bros. Discovery (Nasdaq symbol WBD). At that time, AT&T shareholders owned 71% of the new firm. The company also received $40.4 billion in cash as part of the deal. As a result of the spinoff, AT&T cut its annual dividend rate from $2.08 a share to $1.11. That new rate still gives you a high 4.1% yield. The company’s recent upgrades of its wireless and fibre-optic networks continue to help it attract new subscribers. That helped…