JPMorgan's Top Telecom Pick: AT&T

Failed to add items

Sorry, we are unable to add the item because your shopping cart is already at capacity.

Add to basket failed.

Please try again later

Add to Wish List failed.

Please try again later

Remove from Wish List failed.

Please try again later

Follow podcast failed

Unfollow podcast failed

JPMorgan's Top Telecom Pick: AT&T

Listen for free

View show details

About this listen

JPMorgans Top Stock Pick: AT&T - A Solid Choice for Long-Term InvestorsJPMorgan has included AT&T in its list of top stock picks for 2026, giving it an overweight rating and a one-year price target of $33 per share, implying a 35% upside. The stock offers a forward dividend yield of around 4.5%, one of the highest among major market names. Despite a recent drop of 18% from its September high, AT&Ts shares have risen 8% over the past year due to steady subscriber growth in wireless and broadband.As Americas largest telecom provider, AT&T serves over 100 million customers with the nations largest wireless network and is expanding into fiber-to-the-home. JPMorgan sees strength in AT&Ts fast-growing fiber business, smart service mix, and plans to reduce capital spending, which should boost free cash flow for debt repayment and dividend payments.Wall Street analysts agree, with a consensus moderate buy rating and an average price target of $29.68, suggesting a 20% potential gain. AT&Ts combination of growth potential and reliable income makes it an attractive choice for long-term investors in a volatile market.

The Daily News Now! — Every city. Every story. AI-powered.

Hosted on Acast. See acast.com/privacy for more information.

No reviews yet