AT&T Stock Looks Cheap, but There's a Big Problem

By Travis Hoium, Jason Hall, and Jon Quast – Jan 27, 2023 at 11:15AM

NYSE: T

AT&T

Market Cap

$117B

Today's Change

(1.10%) $0.18

Current Price

$16.51

Price as of April 19, 2024, 4:00 p.m. ET

Can we trust AT&T to allocate capital over the long term?

AT&T (T 1.10%) reported earnings this week, and while there was steady growth, a high dividend yield, and strong cash flow, the company continues to pay the price for previous investments. Travis Hoium, Jason Hall, and Jon Quast discuss the company's operations and why they're hesitant to buy the stock.

*Stock prices used were end of day prices of Jan. 25, 2023. The video was published on Jan. 26, 2023.

Jason Hall has no position in any of the stocks mentioned. Jon Quast has no position in any of the stocks mentioned. Travis Hoium has positions in Verizon Communications. The Motley Fool recommends T-Mobile US and Verizon Communications. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.