AT&T (T)

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AT&T (T)

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 In 2024, shares of AT&T had shown some weakness, but that changed in April as it became clearer that the Fed would be acting to lower interest rates in the second half of 2024.shares have rallied 30% and moved to new all-time highs in December.
long-term bull market trend in January of 2024 when they broke above their 20-month moving average.investors started looking for higher dividend paying stocks - AT&T with its 5% yield.Shares are breaking to new Highs ahead of the October earnings announcement meaning that we may see a little “sell the news” after the company’s October 23 earnings announcement.Overall, the stock remains bullish with a price target of $30.
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