T - AT&T Inc.

NYSE - NYSE Delayed Price. Currency in USD
32.14
-0.14 (-0.43%)
At close: 4:00PM EDT

32.16 +0.02 (0.06%)
After hours: 7:51PM EDT

Stock chart is not supported by your current browser
Previous Close32.28
Open32.18
Bid32.09 x 3000
Ask32.18 x 21500
Day's Range31.93 - 32.32
52 Week Range26.80 - 34.53
Volume20,454,325
Avg. Volume29,537,719
Market Cap234.562B
Beta (3Y Monthly)0.80
PE Ratio (TTM)12.11
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.04 (6.59%)
Ex-Dividend Date2019-04-09
1y Target EstN/A
Trade prices are not sourced from all markets
  • AT&T just made it possible to pay your phone bill with bitcoin
    Engadget12 hours ago

    AT&T just made it possible to pay your phone bill with bitcoin

    Have some spare bitcoin kicking around? You can put it toward your phone service. AT&T says it has become the first big US wireless carrier to accept cryptocurrency for online phone bill payments. Choose the BitPay option at MyAT&T and you can cover your bill with bitcoin instead of conventional funds. You can't use this in-store, alas, but it could make sense if you'd rather save old-school money for other purposes.

  • Is AT&T Stock A Buy Right Now? Here's What Earnings, Chart Show
    Investor's Business Daily6 hours ago

    Is AT&T Stock A Buy Right Now? Here's What Earnings, Chart Show

    AT&T is upgrading its wireless network after buying Time Warner. AT&T earnings are stalling and shares are far off highs. Is AT&T stock a buy right now?

  • GuruFocus.com10 hours ago

    AT&T: Cheap or Dangerous?

    AT&T (NYSE:T) has been reincarnated time and time again. Ever since its founding in 1880 as the Southwestern Bell Telephone Company, it has had to reinvent itself many times over in order to keep up with technology and changing consumer preferences. Warning! GuruFocus has detected 6 Warning Signs with T. Click here to check it out.

  • TheStreet.com11 hours ago

    AT&T Customers Can Now Pay Bills With BitPay

    said Thursday that customers of the telecommunications and media giant can now use cryptocurrency payments processor BitPay to make online payments. Customers can select either the BitPay option or the regular option when logging onto their accounts online or with the AT&T app. "We're always looking for ways to improve and expand our services," said Kevin McDorman, vice president of AT&T's communications finance business operations.

  • Barrons.com11 hours ago

    The Sprint and T-Mobile Merger Saga Continues. Here’s What You Need to Know.

    The $26 billion deal to unite Sprint and T-Mobile secured the backing of the head of the FCC, but high hurdles remain to the deal securing final regulatory approval.

  • How Does AT&T’s Valuation Multiple Compare to Its Peers’?
    Market Realist13 hours ago

    How Does AT&T’s Valuation Multiple Compare to Its Peers’?

    Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)AT&T’s scaleOn May 21, AT&T’s (T) market cap was $236.5 billion. AT&T is the second-largest US wireless carrier in terms of market cap.

  • AT&T Stock Looks Cheap Right Now, but Verizon Clearly Is a Better Buy
    InvestorPlace14 hours ago

    AT&T Stock Looks Cheap Right Now, but Verizon Clearly Is a Better Buy

    My InvestorPlace colleague Luke Lango recently laid out a compelling argument why AT&T (NYSE:T) is too cheap to ignore. Never a fan of AT&T, I've given his case the fair consideration it deserves. Lango's good at what he does and if he thinks AT&T stock is ready to pop, I ought to at least consider his argument.Source: Shutterstock In a nutshell, Lango views the pending green light of the merger between T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) as excellent news for AT&T because it removes a major price cutter from the wireless equation; a headwind that's weighed on T stock for some time. He goes on to say that AT&T's mobility business generates 40% of the company's revenue and 50% of its EBITDA. With one less competitor to deal with, it's likely that its EBITDA margins will move higher in the future due to less discounting in the mobility marketplace.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks to Buy for This Decade's Massive Megatrend Higher margins and revenue combined with dirt cheap financial metrics, and you've got the makings of a good value stock. For example, Lango points out it's got a 6.3% dividend yield, three times the average dividend yield for the market itself. In other words, you're getting paid handsomely to wait for T stock's revival. Also, its forward P/E and P/CF are both well below the market averages and its historical five-year average, making it hard to deny there's unlocked value in AT&T stock. What About Debt?Value isn't just about higher margins, less competitive headwinds, etc. It's also about the strength of the balance sheet. If I'm looking at two companies and one has a forward P/E and P/CF of 20 and 8, respectively, and the other has a forward P/E and P/CF of 15 and 6; based on a value supposition, I'm going to go for the latter stock every day of the week.However, if the latter stock's net debt was $168.9 billion in the most recent quarter or 71% of its market cap, and the former stock's net debt was $111.3 billion or 45% of its market cap, the extra leverage of the latter's stock makes the former a better value on a relative basis due to its superior balance sheet. The latter stock in this example is AT&T and the former is Verizon Communications (NYSE:VZ). The forward P/E and P/CF aren't those of the two wireless carriers. They were merely meant to illustrate why valuation metrics based on price don't always tell the entire story.The real metrics, according to Morningstar, are as follows:AT&T Forward P/E = 9.0Verizon Forward P/E = 12.5AT&T P/CF = 5.0Verizon P/CF = 7.1 The question for investors interested in AT&T stock is whether the 28% discount on the forward P/E and 30% discount on P/CF is worth it given AT&T uses significantly more leverage to generate its earnings and cash flow. Furthermore, Verizon currently yields 4.1%, which isn't bad for a company that utilizes far less leverage to pay for these dividends. Getting back to Lango's argument about the merger removing the discounting headwind from AT&T's sails, the same effect would apply to Verizon. AT&T might generate more free cash flow than Verizon, but it does it at the expense of the balance sheet. Furthermore, AT&T's cash flow as a percentage of revenue is virtually the same as Verizon's, which means it's not doing a better job generating cash flow than its biggest competitor. Is AT&T Stock Too Cheap to Ignore?If you're looking for less risk, Verizon is the better stock to buy.Sure, AT&T might have paid down $538 million in net debt (repayment less issuance) in the first quarter, but that's a drop in the bucket for a company with $169 billion in net debt. If you're an AT&T investor, you better hope that interest rates don't move higher, because if they do, it's in a whole heap of trouble. Value sometimes comes at a price. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post AT&T Stock Looks Cheap Right Now, but Verizon Clearly Is a Better Buy appeared first on InvestorPlace.

  • Analysts’ Ratings for AT&T and Its Peers
    Market Realist15 hours ago

    Analysts’ Ratings for AT&T and Its Peers

    Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)Analysts on AT&T stockAccording to the data compiled by Reuters, as of May 21, among the 31 analysts covering AT&T (T) stock, 52% have given it

  • Is AT&T Planning a Share Buyback?
    Market Realist16 hours ago

    Is AT&T Planning a Share Buyback?

    Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)Will AT&T buy back shares?In the first quarter of 2019, AT&T (T) paid a dividend of $3.7 billion. AT&T’s management expects to embark on a

  • Mere Competition Can’t Disrupt Netflix Stock
    InvestorPlace18 hours ago

    Mere Competition Can’t Disrupt Netflix Stock

    In the entertainment world, streaming companies like Netflix (NASDAQ:NFLX) have levered a profound impact. Naturally, Netflix stock has provided long-term stakeholders with much to smile about.Source: via NetflixBut on Sunday night, the program that received the most cheers came not from streaming platforms but from a traditional cable powerhouse. According to The Wall Street Journal, a whopping 19.3 million viewers tuned into watch HBO's Game of Thrones. Due to the buzz surrounding the final episode in the popular series, it was a record-breaking night for HBO.It also gives some food for thought regarding NFLX stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Yield REITs to Buy (Even When the Market Tanks) The AT&T (NYSE:T)-owned HBO truly had a gamechanger in its hands. Although I don't dare to guess where Hollywood executives take this momentum, a logical pathway is a spinoff series. Whatever the ultimate result, should we worry about the Netflix stock price? NFLX Stock Sees More Competent CompetitionHindsight being 20/20, we can clearly identify the two major catalysts for the Netflix stock price: content and platform.Currently, the viewing public's attention focuses mostly on the former, and for good reason. Netflix routinely submits groundbreaking original shows, such as Narcos and the extraordinarily popular Stranger Things. Additionally, they've widened their portfolio to include international titles.But from an investor's perspective, the latter component carries significant importance. How so? Well, let's face facts: going first to market with the streaming platform resulted in easy money in NFLX stock. But fresh competition will now raise that low-hanging fruit by at least a couple yards.Of course, I'm referencing entertainment behemoth Disney (NYSE:DIS) and its Disney+ streaming service. On paper, DIS is a dual threat as it's competing on both platform and highly lucrative content and brands. But with Game of Thrones' runaway success, another factor comes into play: scheduling.CNBC's Sarah Whitten made a compelling argument: Thrones releases its episodes on a weekly basis, which forcibly creates anticipation and tension. But NFLX largely incorporates a binge-watching format: the subscriber chooses how much (or how little) they view in one sitting.Should management then switch to this episodic format to help boost the Netflix stock price? I think the evidence points to yes. On a week-to-week basis, viewership declines significantly under the company's binge-friendly format. But with Thrones, viewership remains robust and consistent.In other words, the data suggests that Netflix has lost some revenue-synergies due to inefficient scheduling. And with NFLX stock going rangebound for most of this year, the company could use a change of pace. No Need to Panic on Netflix StockStill, I don't think a need yet exists to tinker significantly with what brought the Netflix stock price to its present heights.Sure, most people prefer episodic formats as opposed to binge-watching. But according to data from Parrot Analytics, it's a very small majority. Over time, it's conceivable that this trend will shift in favor of binge-watching.I say this because streaming is mostly popular with young Gen-Xers, millennials and of course Gen-Z. They're the ones dictating this new direction in media, and how we generally consume content. Since they're obviously going to be around longer than older generations, I'd put more emphasis on what they think.Furthermore, an inherent risk exists to suddenly change expectations. Netflix is Netflix because it first allowed consumers to binge-watch. Previously, such a concept was either impossible or extremely cumbersome. To take that away cuts into what makes the company and the streaming platform special in the first place.Therefore, management's best decision is to maintain the status quo and focus on original content. Despite the big guns crowding the sector, NFLX stock still has the advantage. Primarily, the underlying company is winning on that critical content game. * 7 Safe Stocks to Buy for Anxious Investors Second, Netflix is a lean and focused organization: they don't have to worry about resorts or integrating a next-generation telecommunications network. Their sole job is to entertain people at a reasonable price. They show no sign in losing strength in this department, which is why I'm not worried about Netflix stock.As of this writing, Josh Enomoto is long AT&T stock. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post Mere Competition Cana€™t Disrupt Netflix Stock appeared first on InvestorPlace.

  • Historical Valuations Could Hamper Disney Stock Growth
    InvestorPlace19 hours ago

    Historical Valuations Could Hamper Disney Stock Growth

    The Walt Disney Company (NYSE:DIS) continues to add to its attractions as it launches Star Wars Galaxy's Edge at its Disneyworld and Disneyland parks. The Parks and Resorts division has long served as Disney's strongest division regarding profit growth. Still, whether that will help Disney stock remains unclear. Over the last few years, the shares fell and then increased based on television, and now, the performance of its streaming services. Given recent historical patterns, streaming, and not theme parks, will continue to drive the DIS stock price.Source: Richard Stephenson via Flickr (Modified)For all of the talk about theme parks, media has long driven Disney shares. The steady increases that defined DIS stock for the first half of the decade came to an abrupt halt in 2015. Customers were dropping both the Disney Channel and ESPN en masse as they turned away from cable and satellite to TV to lower-cost streaming services.Things changed last month when the company announced a launch date for its streaming service, Disney+. But streaming for Disney is shaping up to be more than just Disney+ and ESPN+. The company picked up 10% more of Hulu from AT&T (NYSE:T). That boosted Disney's Hulu stake to 70% and with it came full control of the content and streaming platform per an agreement with co-owner Comcast (NASDAQ:CMCSA), which agreed to sell its 30% stake to Disney in five years.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Yield REITs to Buy (Even When the Market Tanks) Nobody expects these streaming services to make up for the revenue lost from its declining subs from the Disney Channel and ESPN. In fact, profit estimates have fallen in recent weeks as the prospect of higher content costs weighs on DIS. Analysts now forecast that profits will fall by 7.2% this year and by 2% in 2020. Disney Stock Depends on Multiple ExpansionNonetheless, the challenge that Disney+ poses to Netflix (NASDAQ:NFLX) inspired a one-day 11.5% bump following the announcement. The DIS stock price has retreated modestly since that time. Still, with a Disney stock price of around $134 per share, the forward price-to-earnings (PE) ratio now stands at about 20.That's a problem. The five-year average PE comes in at around 18.8. Over the last 10 years, the average PE ratio on Disney stock has never reached above 22. The consensus price target now stands at $150 per share, with other estimates going as high as $170 per share. Reaching the $150 per share target would take the PE ratio to around 23.That represents an increase of just under 12% from current levels. Hence, traders need only see a modest move higher before Disney stock becomes a bet on multiple expansion.It could happen. At current prices, Netflix trades at just over 100 times forward earnings. And let's not forget about the mere announcement of the Disney+ launch that led to a massive one-day spike in Disney stock.I see this as a reasonable bet for current long-term holders of DIS. Given the success of the theme parks and franchises, profit growth will resume at some point. They have past profits and a higher dividend yield to rely on. However, new buyers face more of a gamble. If they do not get the needed multiple expansion, they might have to wait years before they turn a profit on Disney stock. Bottom Line on Disney StockTheme parks may drive Disney but in recent years, subscriber numbers have driven Disney stock. With the opening of the Star Wars-themed areas, one has to assume the Parks and Resorts division will continue to lead the company in revenue growth. Unfortunately, this has brought little benefit to holders of DIS stock. That trend will likely continue. * 7 Stocks to Buy for Over 20% Upside Potential DIS stagnated for years as cable-cutting led to smaller audiences for both the Disney Channel and ESPN. Now, it recently moved to record highs after the Disney+ announcement.Unfortunately, to move significantly higher, Disney stock will have to do something it has not done in decades -- trade at more than 22x earnings. Streaming media could drive multiple expansion. If it sustains itself above a 23x PE, DIS stock could move much higher. However, if traders balk, new investors could wait years before seeing a profit in DIS.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post Historical Valuations Could Hamper Disney Stock Growth appeared first on InvestorPlace.

  • WWE has a new rival — and it's about to make its pay-per-view debut
    CNBC21 hours ago

    WWE has a new rival — and it's about to make its pay-per-view debut

    A new adversary is about to enter the ring this weekend, when All Elite Wrestling (AEW) makes its own pay-per-view bow.

  • Financial Timesyesterday

    Google to buy New York building for 100 times 1996 price

    Google has agreed to pay $600m to acquire a historic building in Manhattan’s Meatpacking District — a hundred times what it was sold for in 1996 — in a deal that reflects the tech company’s growing footprint in New York City. For Doug Harmon, one of the agents who brokered the sale, it represents a career milestone: Mr Harmon has sold 450 West 15th Street — also known as the Milk Building — five times in a career that has spanned New York’s latest real-estate boom. “Longevity is a brutal competitive advantage!” quipped Mr Harmon, the chairman of capital markets at Cushman & Wakefield.

  • Why AT&T Is Cleaning Up Its Video Customer Base
    Market Realistyesterday

    Why AT&T Is Cleaning Up Its Video Customer Base

    Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)AT&T’s video customer lossesIn the first quarter, AT&T (T) lost net 544,000 traditional US pay-TV customers compared to 187,000 net losses in the

  • CBS Thinks New Streaming Competition Will Help It Grow
    Motley Foolyesterday

    CBS Thinks New Streaming Competition Will Help It Grow

    It's uniquely positioned among media companies to benefit from more streaming services.

  • 15 Cheap Stocks With Low Risk Profiles
    InvestorPlaceyesterday

    15 Cheap Stocks With Low Risk Profiles

    [Editor's note: This story was previously published in October 2018. It has been republished to reflect the current market sentiment for, what we believe, are long-tail investments.]The current bull market has been defined by a risk-on attitude from investors. Over the past several years, investors have been willing to take on additional risk in the equity markets due to robust growth potential, and as such, riskier names with big growth profiles have out-performed.But the market's risk-on attitude is starting to taper back some. Interest rates are rising. The Federal Reserve is unwinding its balance sheet. Economic growth globally is slowing. Government debt levels are high. Overall, macro risks in the market are bigger now than they have been in recent memory, and as such, investors are adopting a more risk-adverse mentality than before.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhat is the investment implication of this? It is probably a good time to shift money into cheap stocks with low risk profiles. I don't think you throw in the towel on growth names. The fundamentals remain strong, and growth stocks should still do well. But, just in case a Black Swan emerges that hits growth stocks hard, it is smart to hedge by owning some cheap stocks that will offset that potential blow. * The 7 Best Stocks to Buy From the IPO ETF Which stocks should you buy? Here's a list of 15 of my favorite cheap stocks with low risk profiles: AT&T (T)The bull thesis on AT&T (NYSE:T) is pretty simple. This is a telecom giant that provides one of the most important utilities in the known world today: the internet. AT&T also provides wireless service coverage and cable connectivity. Demand for internet and wireless services will not waver, regardless of economic backdrop or rising rates, because they have no substitute. Cable connectivity is dropping, but should be replaced by streaming demand. Thus, AT&T offers tremendous operational stability.Meanwhile, the valuation is attractive. The forward multiple sits at just 9. The trailing dividend yield is over 6%. And, the stock is trading near multi-year lows and has shown resiliency around these levels multiple times before.Overall, AT&T stock is low multiple, big yield stock with tons of operational stability. That makes this stock an attractive risk-off investment. Tyson Foods (TSN)The bull thesis on Tyson Foods (NYSE:TSN) is also very simple. This is a very stable company with a stock that has been hammered recently because of near-term issues like higher input costs, tariff exposure and softer demand. But the world always needs to eat, and as such, the long-term demand picture overrules near-term cost issues. Once near-term cost issues fade away, TSN stock should roar higher.At current levels, it appears TSN stock has found a bottom. The forward multiple is just 10, and the dividend yield is at 1.8%, its highest level in nearly a decade. Meanwhile, the stock has show resiliency at $60, so it looks like downside risk is mitigated. * 10 Names That Are Screaming Stocks to Buy Overall, Tyson Food is an operationally stable company trading at a big discount. That makes this stock an attractive pick-up at current levels. Qualcomm (QCOM)Chip giant Qualcomm (NASDAQ:QCOM) has had some struggles recently. Most notably, the company has been in litigation with Apple, and the Apple business is something that can no longer truly be counted on. But, Qualcomm still makes chips which power the world of tomorrow, and as such, the company has a bright future as technology expands its sphere of influence globally.QCOM stock is quite cheap at current levels. We are talking about a stock with a 15X forward multiple and a 3.6% dividend yield. Historically speaking, QCOM stock trades at a much bigger multiple with a much lower yield.Overall, QCOM stock offers attractive upside here because of a relatively discounted valuation converging on still-strong growth fundamentals. That combination should power this stock higher from current levels. Intel (INTC)Another historically stable chip stock with a relatively anemic valuation is Intel (NASDAQ:INTC). Long story short, Intel stock has dropped in a big way over the past several months because competitor Advanced Micro Devices (NASDAQ:AMD) appears to be ahead of Intel when it comes to next-gen chip production. But, Intel recently announced that next-gen chip production is coming along nicely, a sign that Intel is getting ready to punch back. Once this company does punch back, history says that Intel stock should rebound.This bull thesis is supported by a currently attractive valuation. INTC stock trades at just 11X forward earnings with a 2.6% dividend yield. Those are exceptionally attractive valuation metrics for a company with robust exposure to multiple secular growth trends like AI, cloud, and IoT. * 7 Athletic Apparel Stocks With Marathon Pace Overall, INTC stock is a growth company trading at a non-growth valuation. Eventually, the market will fix this disconnect, and INTC stock will pop. Macy's (M)Back when Amazon (NASDAQ:AMZN) was eating everyone in retail's lunch, Macy's (NYSE:M) was a risky investment. But, traditional retail has stabilized over the past 12-plus months, and traditional retailers like Macy's have proven their staying power through enhanced e-commerce and omnichannel commerce capabilities. As such, Macy's is a low-risk investment with long-term staying power in a stable growth industry.The valuation on Macy's stock is the reason to buy this stock on the recent dip. Macy's stock trades at 8X forward earnings with a near-5% dividend yield. Those are very attractive valuation metrics, especially considering comparable sales growth has been, is, and will remain positive at Macy's.Overall, Macy's stock features a dirt-cheap valuation, but the fundamentals are actually pretty good and improving. This disconnect makes Macy's stock an attractive buy at current levels. Skechers (SKX)In athletic retail, everyone loves to talk about Nike (NYSE:NKE), Adidas (OTCMKTS:ADDYY), and Under Armour (NYSE:UAA). But, no one likes to talk about Skechers (NYSE:SKX). Yet, despite being the often neglected little brother, Skechers has managed to be one of the fastest-growing companies in this industry over the past several years thanks to its ability to dominate the mid-price sneaker market. As it turns out, this market is quite big, and Skechers is just starting to realize its international potential.Meanwhile, despite being a big growth company, SKX stock trades at dirt cheap multiples. The forward multiple on the stock is just 14, versus 24 and up at peers. This disconnect isn't justified by differences in growth. As such, it is a disconnect that shouldn't exist. * 7 Safe Stocks to Buy for Anxious Investors Overall, SKX stock is an attractive risk-off investment because the valuation is dirt cheap and the growth fundamentals are pretty strong. That combination implies healthy upside potential and mitigated downside risk. Facebook (FB)Although traditionally considered a growth stock, Facebook (NASDAQ:FB) has recently transformed into a value stock given huge declines in the stock price without huge declines in the fundamentals. Everyone is concerned about dropping Facebook app usage, but at the end of the day, Facebook controls four 1-billion-user apps. There are only six such apps in the world. Thus, so long as ad dollars continue to flow into the digital channel, they will find their way into the Facebook ecosystem, and Facebook will remain a digital ad growth machine.The valuation on the stock represents a huge disconnect to these fundamentals. Facebook stock trades at just 19X forward earnings. Revenue growth last quarter was in excess of 40%. A 19X multiple on 40%-plus revenue growth is absurdly cheap, even when factoring in the concerns about the lawsuit currently in the courts over their ad numbers.Overall, FB stock offers attractive upside potential here because the valuation has depressed enormously while growth fundamentals have remained strong. Eventually, the market will realize this, and FB valuation and stock will correct sharply higher. Apple (AAPL)Consumer technology giant Apple (NASDAQ:AAPL) is perhaps the textbook definition of stability, especially since the company is diversifying away from hardware revenue dependence. Before, Apple was all about iPhones. But, as we all know, not every iPhone upgrade cycle is a home run, so Apple stock was subject to wild swings. Today, though, Apple is much different. The company is building out a software business which comprises mostly annually recurring subscription revenues. Thus, revenue today is much more predictable and safe than it was a few years ago.Because of this, AAPL stock trades at a higher valuation today than it did a few years ago. But, the valuation still remains anemic for a burgeoning software company. AAPL stock trades at 16X forward earnings. The whole software industry trades north of 20X forward earnings. * 7 AI Stocks to Watch with Strong Long-Term Narratives Overall, AAPL stock is an attractive risk-off investment here because the multiple is low, and the growth trajectory is promising. That combination provides both nice upside potential and healthy downside protection. Disney (DIS)The long-term bull thesis on Disney (NYSE:DIS) is only strengthening as this company continues to grow its content war-chest. From head to toe, Disney owns the best and most valuable content in the world. This content has dominated the box office and has allowed Disney to dominate in the theme parks business, too. Next up, Disney is going to dominate the streaming world with its robust content slate, and as a result of streaming strength offsetting traditional media weakness, Disney stock should fly higher.The valuation lends itself to a pop in DIS stock on a positive catalyst. The stock trades at just 16X forward earnings with a 1.4% dividend yield. Those are very reasonable multiples for a stock that supports one of, if not the, most iconic brand in the world.Overall, DIS stock looks good here because its biggest headwind (cord-cutting losses) is about to turn into its biggest strength (streaming growth), and the current 16X forward multiple doesn't account for this. Yum Brands (YUM)After McDonald's (NYSE:MCD), the next most important and irreplaceable fast-casual company in the world is Yum Brands (NYSE:YUM). Yum is the parent company of KFC, Taco Bell and Pizza Hut, three fast-casual chains with enduring appeal and huge global footprints. Unless consumers en masse decide to stop eating fast food (which they almost assuredly never will), then YUM's operations will consistently benefit from stable growth.The valuation on YUM stock isn't all that cheap. But, it is cheap for a company with as much stability as Yum Brands. YUM stock trades at 24X forward earnings with a 1.6% dividend yield. Those aren't all that attractive by themselves. But, when considering growth is expected to run at a very stable double-digit rate over the next several years, 24 seems like a fairly reasonable forward multiple. * 5 Conservative ETFs for Any Market Environment Overall, YUM is one of the more stable companies in the world with a stock that features a reasonable valuation. As such, if you're looking to add stability to your portfolio, YUM is the way to go. Ford (F)Although the electric vehicle revolution is starting to pick up steam and will only accelerate from here, it would be foolish to write off Ford (NYSE:F) as dead in the water. Eventually, Ford will pivot more strongly to accommodate changing consumer demands, and produce a ton of electric vehicles. They have already started working on a partnership with DHL to make all-electric vans for the company and is targeting Chinese consumers with a range of electric cars.Granted, Ford's market share of the whole auto market will erode over time as new EV competitors step up. But, Ford should remain a sizable player in the auto industry for the foreseeable future.The valuation does not reflect this optimism. Ford stock trades at levels not seen since the 2008 Recession. The forward earnings multiple is around 6.5, and the dividend yield is near 7%. Those are dirt-cheap valuation metrics.Thus, so long as Ford can compete in the long run with rising EV competition, this stock should pop higher from here. Kroger (KR)The world always needs to eat, and most people need grocery stores to buy food. Because of this, grocery store operator Kroger (NYSE:KR) is a stable operation with healthy long-term growth prospects. That stability was recently threatened by e-retail encroachment. But, it turns out that consumers like to shop for groceries at a grocery store, and as such, Kroger has long-term staying power in an exceptionally stable industry.This stability does not seem priced into the current valuation. Kroger stock trades at merely 12X forward earnings with a near 2% dividend yield. Normally, this stock trades at 15X forward earnings with a sub-1.5% yield. Thus, today's valuation feels unnecessarily pessimistic. * 10 Small-Cap Stocks That Look Like Bargains Overall, KR stock is a buy because valuation has depressed to levels that undervalue the company's staying power in a stable growth industry. As such, KR stock has nice upside potential and limited downside risk. Booking Holdings (BKNG)Traveling is part of the human experience, and as a result, Booking Holdings (NASDAQ:BKNG) is part of the human experience, too. So long as consumers want to travel, Booking will have solid demand. The only thing that will knock this demand is economic weakness, but while global economic growth is slowing, it isn't projected to slow by much, and the overall economic picture remains healthy. Thus, the outlook for travel remains healthy, and the fundamentals supporting BKNG stock remain strong.BKNG stock isn't as cheap as some other names on this list -- the stock trades at over 18X forward earnings. But, growth is big, with long-term EPS growth estimates hovering around 15%-20%. A 20X multiple for 15%-20% earnings growth in a stable company is a fairly attractive investment proposition.Overall, BKNG is an attractively valued stock that offers a healthy combination of growth and stability. This combination should ultimately power BKNG stock higher, so long as valuation remains reasonable. JPMorgan Chase (JPM)Although higher rates tend to spook stocks, they actually help bank stocks by pushing up borrowing costs and allowing banks to collect more net interest income, which is a big profit driver. As such, bank stocks are a fairly decent portfolio addition at this point in time. In the banking sector, the one stock I like most is JPMorgan Chase (NYSE:JPM), given the company's leading advantages in technology and rising popularity among millennial consumers.The valuation on JPM stock isn't anything out of the normal. The forward earnings multiple is around 11. The dividend yield is around 2.9%. Those are fairly normal valuation levels for JPM. But, considering growth should be better than normal over the next few years as the economy improves, the current valuation levels seem attractive. * 5 Great Tech ETFs That Aren't the XLK Overall, JPM is the top pick in a sector that should be fairly resilient to interest rate risks. As a result, this is a good stock to own so long as rising rates continue to pressure equity valuations. American Electric Power (AEP)Utility stocks have long been viewed as bond substitutes. As such, utility stocks might not do so well as rates and bond yields rise. But, one utility stock that could buck the trend is American Electric Power (NYSE:AEP). Considered one of the industry's heavyweights, American Electric is a massive electric utility company that delivers electricity to more than 5 million customers across eleven states. As a utility company, demand is always stable. But, the business right now is doing especially well. Hotter than normal weather so far in 2018 has buoyed operations for the past several months, and robust economic strength in the company's core markets has also boosted the business. Overall, sales and earnings are both trending higher at a healthy rate.AEP's dividend yield sits at a very healthy 3.5%. The forward earnings multiple is at attractive levels of around 18, which is in line with historical standards. Thus, today's valuation on AEP stock is fairly normal, but fundamentals are actually better than normal.Overall, AEP stock should perform well regardless of macro-market risks because of solid and stable fundamentals as well as a reasonable valuation. From this perspective, AEP is an ideal cheap stock with a low risk profile.As of this writing, Luke Lango was long T, TSN, INTC, AMZN, M, SKX, FB, AAPL, DIS, MCD, F, KR, JPM and AEP. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post 15 Cheap Stocks With Low Risk Profiles appeared first on InvestorPlace.

  • Why AT&T Expects Reduced Capex Spending in the Coming Years
    Market Realistyesterday

    Why AT&T Expects Reduced Capex Spending in the Coming Years

    Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)AT&T’s capex spendingAT&T (T) has been investing big in capex to improve its network. Its management expects gross capex of ~$23 billion in 2019

  • UTSA reaches milestone on $95M construction project
    American City Business Journalsyesterday

    UTSA reaches milestone on $95M construction project

    Two years after breaking ground on a $95 million Science and Engineering Building, the University of Texas at San Antonio has made significant progress on its largest construction project ever. The crane used to build the shell of the more than 160,000-square-foot structure is gone. The walls are up, and by the time UTSA students arrive for the fall semester, some of the glass and brick on the building’s façade will be installed. UTSA officials said the progress symbolizes the university’s growth and what the project will bring for how the institution and its students conduct research.

  • How Is AT&T Managing Its Leverage?
    Market Realistyesterday

    How Is AT&T Managing Its Leverage?

    Exploring AT&T's Latest: Capex, Buybacks, Valuation, and MoreAT&T’s debt levelsAt the end of March 31, AT&T’s (T) long-term debt was $163.9 billion, while its short-term debt was $11.5 billion. AT&T had total debt of $175.5

  • Amid Merger Noise, Verizon Stock Stands Out as the Long-Term Winner
    InvestorPlaceyesterday

    Amid Merger Noise, Verizon Stock Stands Out as the Long-Term Winner

    Telecom heavyweights T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) captured headlines and received a big lift in the markets. In a stroke of good fortune, Federal Communications Commission chairman Ajit Pai recommended approving their $26 billion merger. But as great as this news is for TMUS and Sprint speculators, sector giant Verizon (NYSE:VZ) stock also received much love.Source: Via FlickrGranted, the scale is completely different. T-Mobile shares jumped nearly 4% on the news, while Sprint went berserk, gaining almost 19%. On the other hand, the VZ stock price increased a modest 1.6%. It was a similar tale with telecom leader AT&T (NYSE:T), which eked out a 1.2% single-day profit.But why would this merger help either AT&T or Verizon stock? The combined T-Mobile-Sprint entity will have a wireless-subscription base of 125 million customers. AT&T won't feel immediately threatened with their 148 million subscribers. But Verizon has 118 million subs, which would put it last in this three-way race.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNevertheless, it's important to recognize market sentiment here. Despite the sudden presence of a third stalwart in the mix, the VZ stock price went up, not down. I don't think this swing, albeit a small one, is an anomaly.For one thing, Verizon is the dominant leader in the 4G network, with 70% coverage. There's quite a gap from there to T-Mobile in the number-two slot, with 59%. Plus, VZ delivered the world's first 5G service, giving it a leg up on the competition. That's one reason not to worry about Verizon stock. * 7 High-Yield REITs to Buy (Even When the Market Tanks) The other reason is customer loyalty. Here, T-Mobile wins but Verizon holds a strong second. Combined with the coverage-advantage, VZ stock is compelling. VZ Stock Is Fundamentally Critical to National InterestsBut for me, the overriding factor supporting the bull case for Verizon stock is the ultra-long-term national interest. Pai listed out his agency's top goals during the merger-approval announcement, stating, "Two of the F.C.C.'s top priorities are closing the digital divide in rural America and advancing United States leadership in 5G, the next generation of wireless connectivity."I don't think you can overemphasize this point: the U.S. must win the technology race if it wants to maintain its global economic and military dominance. Our fiercest adversaries, China and Russia, already have strategized their vision that extends decades. Based on the priorities of the President Donald Trump administration (ie. the wall), we may be desperately behind.Therefore, it's critical that we not only build out our 5G network, but that we decisively lead the sector. Obviously, with Verizon taking that key first step, this embodies the leadership our government wants and needs. You can easily expect support at the highest level, which bodes extremely well for the VZ stock price.Really, it's the same argument for AT&T. Recently, I mentioned that T shares represent more than a mere investment. When you have Russian President Vladimir Putin essentially stating that he's going to do his level best to win in artificial intelligence, these telecom giants immediately take on more significance.With AT&T or Verizon stock, you don't need to get complicated: we have to win and win bigly in 5G. This groundbreaking platform is the backbone of all technologies of tomorrow. If we're going to do anything -- be it AI, automation, or robotics -- we must implement the best telecommunications network.I would say that anything short of that jeopardizes national security because the pace of innovation is exponential. Verizon Stock or AT&T?If you've decided to invest in telecom -- and it's a very wise decision -- you now have a choice: assuming you're going with the leaders, do you pick Verizon stock or AT&T?Both names are similar in their size, fundamental importance and potential reach. While some analysts may swing one way or the other, I think it comes down to risk tolerance.Obviously, AT&T carries more risk because it has much more debt than VZ stock. That said, I'm more convinced that the former has made relatively smarter choices in their acquisitions. For instance, while the DirecTV buyout has not panned out well, it has some possibility of at least breaking even.I say that because streaming isn't a complete panacea. It has drawbacks, such as requiring expensive high-speed internet, and limited access in remote areas. On the other hand, Verizon buying out assets like Yahoo probably has no chance of redemption.Still, Verizon stock is on paper the safer way to go. Based on how critical 5G technology is and will be, you can't go wrong with either giant.As of this writing, Josh Enomoto is long AT&T stock. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post Amid Merger Noise, Verizon Stock Stands Out as the Long-Term Winner appeared first on InvestorPlace.

  • Nokia Stock Is a Short-Term Trade And That’s About It
    InvestorPlace2 days ago

    Nokia Stock Is a Short-Term Trade And That’s About It

    When I worked at Sony (NYSE:SNE), a colleague who came over from Nokia (NYSE:NOK) shared a running joke at his former employer: Sony who? I declined to ask the obvious question, but it appears that karma never forgets or forgives. Just look at the chart for NOK stock to understand what I'm talking about.Source: Shutterstock After falling to dramatic lows in 2016, the telecom-equipment maker provided a compelling opportunity to extreme contrarians. Generally speaking, they made the right move. But now, the Nokia stock price has given up more than 13% since January's opening price. Moreover, analysts are questioning whether the company can truly complete its promised turnaround.Of course, that turnaround comes in the form of the global 5G-network rollout. Although Nokia's smartphone brand -- now "relegated" to a licensing business -- is pretty much irrelevant, management transitioned to network services. The idea here is that as a well-recognized international firm, Nokia has an advantage against competitors, thereby boosting NOK stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Chinese Stocks That Could Pop On a Trade Deal Unfortunately, that narrative lost credibility simply because NOK failed to deliver substantive results. That may have changed, though, with recent news that Ooredoo Qatar inked a deal with the Finish telecom to built out its 5G network. Considering that the Nokia stock price is again rock-bottom levels, this may represent another profitable contrarian opportunity.I'm going to be blunt: I don't like NOK stock as a long-term play. But if you're angling for a quick buck (and you understand the risks), this is a reasonable trade. Technically, the embattled telecom firm's shares have historically bounced back from spike lows. Moreover, you have fundamental justification in the Ooredoo deal.But don't overexpose yourself to Nokia stock, and here's why: Turnaround Story for NOK Stock Faces Giant HurdlesEvery organization at one point comes to a critical pivot. It's in the struggle that we determine who will make it and who won't. But as NOK stock is concerned, the underlying company has multiple and perhaps insurmountable challenges.First, let's talk about their front-face smartphone brand. NOK is now in the licensing game, and smartphones represent a very small portion of their total revenue. Still, they make royalties off Nokia-branded products. And let's face it: management is in no position to turn down any amount of sales.The problem here is that along with the rest of Nokia's businesses, the device segment is declining. Looking at their latest smartphones, all I can think was "oh dear." They're bland and unimaginative. At a time when Apple (NASDAQ:AAPL) is incurring questions about their hardware, this is the time to strike. Unfortunately, it's a missed opportunity for Nokia stock.But the overriding challenge comes from the networks side. It's 89% of Nokia's sales, so it's do or die. The good news, as we saw with the Ooredoo deal, is that 5G is a technology of tomorrow. However, as our own Dana Blankenhorn explained, competition is fierce.NOK stock jumped on 5G's groundbreaking potential. But that same bullish narrative applies to other companies that don't share Nokia's problems.Also, the all-important numbers don't provide any confidence toward the turnaround story. In the first quarter of 2019, Nokia generated only $5.72 billion in top-line sales. That's a 5.6% drop year-over-year. Not only that, it's almost dead-even with Q1 2017's sales haul. Essentially, this means that NOK has gone nowhere since becoming a "new" company. * 5 Great Tech ETFs That Aren't the XLK Since there's nothing particularly distinctive about the company's approach to 5G, I'm not ready to risk jumping on Nokia stock. Dividend Is Nice, But Not Attractive EnoughThat said, NOK stock isn't without its strong points. The one standout for the telecom is its lofty dividend rate. At 4.5%, it will draw some eyeballs.I'm not against taking risky bets based partially on their dividend payout. After all, I own some shares of AT&T (NYSE:T). For me, though, the difference comes down to credibility. I believe in AT&T's longer-term vision, and it has the necessary large-scale support to meet it. With Nokia stock, I mostly see a commoditized organization with shaky fundamentals.But as I said earlier, NOK can make some moves from here. If it does, just take your profits and run. After years of turnaround efforts, it's still not getting the job done.As of this writing, Josh Enomoto is long Sony and AT&T shares. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post Nokia Stock Is a Short-Term Trade And Thata€™s About It appeared first on InvestorPlace.

  • With 'Flex Force' of over 600 people, AT&T looks to tackle some of its most strategic efforts
    American City Business Journals2 days ago

    With 'Flex Force' of over 600 people, AT&T looks to tackle some of its most strategic efforts

    AT&T has assembled a sort of S.W.A.T. team to tackle some of its most pressing endeavors. The Dallas-based company has deployed what it calls a “Flex Force” packed with savvy individuals to handle technology challenges across its businesses, according to an AT&T spokesperson. It’s “a ‘flexible workforce’ comprised of highly-skilled employees who work on some of AT&T’s most strategic initiatives,” the spokesperson said.

  • The Zacks Analyst Blog Highlights: Verizon Communications, AT&T, American Tower, Crown Castle International and SBA Communications
    Zacks2 days ago

    The Zacks Analyst Blog Highlights: Verizon Communications, AT&T, American Tower, Crown Castle International and SBA Communications

    The Zacks Analyst Blog Highlights: Verizon Communications, AT&T, American Tower, Crown Castle International and SBA Communications

  • Reuters2 days ago

    Exclusive: Walmart to make first direct pitch to big corporate ad buyers at New York event

    Walmart Inc will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising business, as the world's largest retailer aims to rev up its website and stores as a platform for other companies to reach customers. The event marks Walmart's first effort to grow its nascent advertising business and heralds the retailer's rising challenge to online ad leaders Alphabet Inc's Google, Facebook Inc and Amazon.com Inc. The event, called "5260," is named after a Walmart store near the retailer's hometown of Bentonville, Arkansas, which is known for being a test lab for retail innovation, Walmart told Reuters.

  • Competition heats up for companies looking to bring 5G networks to the region
    American City Business Journals2 days ago

    Competition heats up for companies looking to bring 5G networks to the region

    Telecommunications companies are looking to build out ultra-fast 5G wireless networks in Elk Grove, Davis and Rancho Cordova.