Is AT&T Stock a Buy Now?

U.S. telecom company AT (NYSE: T) might be the latest example of a stock that seems like it can't go much lower -- shares of the company trade for roughly $14 each, their lowest price since the mid-1990s.

But there must be a bottom. After all, AT is the leading wireless carrier in the United States, and the company is doing some positive things in its core wireless business.

Let's do the dirty work and crunch the numbers to determine whether this stock is finally ripe for investors or if it's nothing but a falling knife.

Source Fool.com