Speaking as someone who already has AT&T in his portfolio and who at first bought into the story that it is a steal to buy stock at these low prices, I would encourage anyone to think twice about buying.
Even though the name stands as an icon of the telecom industry, and the phrase “too big to fail” comes to mind, it doesn’t take a genius to figure out that there is something elementary wrong with this company.
According to many the company is very poorly run by the current leadership structure. It doesn’t take much more than a google search to see that the number of subscribers to their services is dropping and it is obvious that they are struggling to find the right path after the (unsuccessful) journey into the media business.
All that is left is the “famous” dividend, but with the way thing are turning out one has to wonder how long it can be guaranteed.
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