Everyone Loves AT&T Stock, Again. But It’s Still A Bad Investment
Wobbly telecom giant AT&T is now a Wall Street darling.
It’s one of Barron’s top picks for 2022, and numerous Seeking Alpha articles highlight how cheap the stock is and how it’s a fantastic turnaround play.
It’s the same story as 2020 or 2018. “AT&T is a free cash flow machine that’s suffered from poor management, but now…