Could AT&T Stock Beat the Market in 2023?
Late last month, AT&T (NYSE: T), the leading wireless communications carrier in the United States, delivered its results for 2022's fourth quarter. For shareholders, the stock has been a decade-long disappointment. It's down by more than 25% since 2013.
However, AT&T's latest quarterly report showed the company has momentum in a critical area, which could set up investors for market-beating returns this year. Here is why AT&T shareholders could have a great 2023 and why its juicy dividend is the healthiest it's been in years.
AT&T entered 2022 with a U.S. wireless market share of approximately 44%. You're often the hunted when you're on top, but that hasn't stopped AT&T from growing its subscriber base. The company added 2.9 million postpaid phone subscribers in 2022, building on a strong 2021 when it added 3.2 million.
Source Fool.com
