5 Reasons to Buy AT&T Stock Right Now
A quick look at AT's (NYSE: T) stock chart is enough to scare away most investors. You'd have to go back to the early 1990s to find the stock trading at a similar level as today.
There are legitimate reasons to avoid AT stock, especially the company's excessive debt load. But there are also plenty of reasons to buy the stock. The past is not the future, and after being beaten down for years, AT stock is capable of providing market-beating returns.
The pace at which at is gaining wireless subscribers has slowed, but the company is still adding to its total each quarter. The company added 326,000 postpaid phone subscribers in the second quarter, along with 123,000 prepaid phone subscribers. Over the past year, AT has gained 2 million postpaid phone subscribers, and average revenue per user has edged up slightly.
Source Fool.com
