E Daily Stock Pick: AT&T

A portfolio of stocks I've been building since September 3 is named Volio Folio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the first of five communication services sector stocks striving to be picked to join my Volio folio. This could be the fourteenth pick for Volio!

Now the communications services sector includes seven industries all related to delivering messages to and from us. Communication services industries are: advertising agencies; broadcasting; electronic gaming and multimedia; entertainment; internet content and information; publishing; telecom services.

My subject today is a large-cap telecom services company named, AT&T Inc. Their trading ticker symbol is T.

I last reported on AT&T Inc on September 4th, 2018 and chose it that week as the first pick for my Ivy Portfolio.

Wireless communication remains AT&T's largest business, contributing nearly 40% of revenue. As the second-largest U.S. wireless carrier, AT&T connects more than 100 million devices, including 63 million postpaid and 16 million prepaid phone customers.

The consumer and entertainment segment (about 25% of revenue) includes the consumer fixed-line and DirecTV satellite television businesses, serving 24 million television and 14 million Internet access customers. WarnerMedia now contributes a bit less than 20% of revenue with media assets that include HBO, the Turner cable networks, and the Warner Brothers studios. Fixed-line business communications (14%), Latin American satellite television (2%), and Mexican wireless services (1%) constitute the remainder of the firm.

It has a strategic alliance with Microsoft Corp. to deliver customer offerings, and Amdocs Limited.

The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.

1 2
View single page >> |

Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.