From Seekingalpha · Quad 7 Capital · · 40s
AT&T Returns to Buyable Zone
AT&T shares rebound after strong earnings and cash flow metrics.
In brief
AT&T shares rebound after strong earnings and cash flow metrics. AT&T Inc. shares have retraced enough to become buyable after stronger-than-expected earnings and cash flow metrics. Originally reported by Seekingalpha.
AT&T Earnings Review
AT&T Inc. has had a rough go with major competition concerns but reported better-than-expected revenue, key customer metrics, and earnings.
Strong Financial Metrics
The company's cash flow is king with the dividend well covered despite significant leverage remaining a paramount concern.
Market Outlook
Quad 7 Capital believes AT&T shares have retraced enough to become buyable after strong earnings and cash flow metrics.
The takeaway
AT&T Inc. shares have retraced enough to become buyable after stronger-than-expected earnings and cash flow metrics.
