Is AT&T Stock a Buy?
AT&T (NYSE: T) is often considered a stable dividend stock for conservative investors. It's established a wide moat as one of America's top telecom companies, it pays a forward yield of nearly 7%, and its stock trades at just nine times forward earnings.
However, AT&T has also delivered underwhelming returns over the past five years. Its stock declined more than 10% as the S&P 500 rallied nearly 60%. Even after reinvesting its dividends, AT&T's total return of 14% still underperformed the market.
Image source: Getty Images.
Source Fool.com
