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.
Source: Fastgraphs.com
What are you waiting for? buying more shares of ATT?
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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 ?
Hi Paul! hope you’re doing well. In my opinion, T has a fair valued price of $47.59. Unfortunately, I do not, but I was able to lower my fee to $4.65 a trade. Thanks for stopping by.
T is down more than 7% after its earnings report now.
Is it a company worth buying or holding ?
Hi Paul, I still give it my Buy recommendation. Right now I am holding since T is my 2nd largest position.
Good job. Love T it is one of my largest holdings won’t add as much. Will do small buys though. Keep it up.
Hey, thats great to be a fellow shareholder. T is my 2nd largest holding. thanks for reading and commenting. best of luck!!
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!
FiscalV –
Hard not to buy, when they dip below 10% from the cost basis. Great average down and addition to your income. Enjoy those divvies!
-Lanny
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!
Hello, I think your website might be having browser compatibility issues. When I look at your blog in Opera, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, superb blog!
Thanks I’ll look into it. Thank you for the kind words! Hope you continue to follow on this voyage!