2 Reasons to Buy AT&T Stock, and 1 Reason to Avoid It

Every investor has different timelines and goals, and the stocks they select to fill a portfolio should mirror those goals. While some may not care about dividends, others value them highly, even if it means giving up some gains to the broader market. That's the camp AT (NYSE: T) investors find themselves in, as its incredible 7.9% yield is among the best in the market.

So should you buy AT stock? Read on to find out two reasons you might want to -- and one reason you should avoid it.

AT is the largest telecom provider in the U.S. The telecom industry has essentially transformed into a utility, as nearly everyone has a phone and will continuously pay their bill, regardless of what happens with their job.

Source Fool.com