Recent Buy: AT&T Inc. (T)

ID-100426334 Recent Buy: AT&T Inc. (T)I added more shares to my portfolio with the purchase of AT&T Inc. (T)

37 shares @ $32.38 on 9/10/2018.

This increases my forward 12-month dividend income by $74.00 to a total of $6,606.54

I also updated my portfolio page to reflect the change.

 

 

 

My Thoughts

I thought I was done buying ATT, but the stock was almost 10% below my cost basis and I knew I had to have more. My last buy of this company was May of this year and the one before that was bought November last year. In my opinion, this is a forever company. I do not see this company going anywhere in the next 10 to 20 years.

I am very happy that I was able to get more shares of ATT. The company is so undervalued compared to its normal PE. Analysts also expect an 8% CAGR growth for the next three years.

So we have a company here with an expected 8% growth that is undervalued and that currently carries a dividend yield of over 6%. Sign me UP!!

AT&T is undervalued, and I recommend it a BUY at this time. As we see below in the Fast Graph, is lower than its normal PE of 13.6 with a current PE of 9.5.

 

ATT Recent Buy: AT&T Inc. (T)

Source: Fastgraphs.com

 

What are you waiting for? buying more shares of ATT?

 

Thanks for reading, and don’t forget to connect with me through Facebook and Twitter.

 

Image by Sira Anamwong at FreeDigitalPhotos.net

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Comments

  1. Hi Felix :

    T is so undervalued right now!

    What is the fair price for T in your opinion ?

    Did you get any free trades from TD Ameritrade ?

  2. Can’t go wrong adding T in the low $30/share range. Great stock and a great company with an awesome yield. I already have a large position in them, so I’ve been looking elsewhere, but maybe it is time to revist them.

    Bert

    • Hey Bert! Yes T is my 2nd largest holding at the time. Even though its very undervalued right now, im not buying any more. Yea revisit the stock. I think you will add some more lol. Thanks for reading and commenting!

    • Yes sir! I love buying stocks that are lower then my cost basis. If i thought it was cheap at the original price, its a steal now. Thanks for reading and commenting!

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