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TSLA   818.87 (+0.24%)
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ACB   15.61 (-2.50%)
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GILD   73.18 (-0.22%)
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MSFT   181.57 (-1.06%)
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MSFT   181.57 (-1.06%)
FB   232.20 (-1.15%)
GOOGL   1,421.37 (+0.58%)
AMZN   2,421.86 (-0.62%)
NVDA   348.71 (-3.42%)
CGC   20.01 (+3.04%)
BABA   201.72 (+1.01%)
MU   45.80 (+1.91%)
GE   6.80 (+6.08%)
TSLA   818.87 (+0.24%)
AMD   53.19 (-3.59%)
T   30.82 (+3.15%)
ACB   15.61 (-2.50%)
F   5.84 (+3.36%)
GILD   73.18 (-0.22%)
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BAC   24.28 (+7.15%)
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Wall Street Legend, Teeka Tiwari, who picked Apple in 2003 -- and Bitcoin in 2016 -- shares his #1 Pick for the 2020s.
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8 Stocks Beaten Down by the Coronavirus That Are Too Good to Pass Up in 2020 - 1 of 8

 
#1 - AT&T (NYSE:T)

AT&T logo

AT&T (NYSE:T) has been a stock that investors have loved to hate. Certainly, the company looks like it was behind the curve with its acquisition of DirecTV at a time when many Americans were looking to cut the cord. And analysts are expressing their displeasure at the company suspending plans for a $4 million stock buyback program.

But shares of AT&T look drastically oversold amidst the ongoing pandemic fears. The stock is down nearly 28% in 2020. However, the company is still showing strength in its core telecom business. And in select markets, the company has the opportunity to provide consumers with bundled mobile and home internet service.

AT&T has two additional catalysts in 2020. The first is the launch of the company’s own streaming service, HBO Max. The service already has 10 million subscribers with immediate access. And consider this. In many communities, shelter in place orders will still be in place in May. And as consumers look for different ways to pass the time, it creates a window of opportunity for AT&T.

Plus, the company still is expecting growth from the continuing roll-out of 5G technology. Some of this infrastructure may be delayed until the pandemic restrictions lift. But while 5G may be delayed it won’t be denied. And when the economy finds its feet, AT&T will be in position to capitalize.

Stock #5 is trading down 35% for the year and now on sale!



About AT&T
AT&T Inc. provides telecommunication, media, and technology services worldwide. The company operates through four segments: Communications, WarnerMedia, Latin America, and Xandr. The Communications segment provides wireless and wireline telecom, video, and broadband and Internet services; video entertainment services using satellite, IP-based, and streaming options; and audio programming services under the AT&T, Cricket, AT&T PREPAID, and DIRECTV brands to residential and business customers. This segment also sells handsets, wirelessly enabled computers, and wireless data cards manufactured by various suppliers for use with company's voice and data services, as well as various accessories, such as carrying cases and hands-free devices through the company-owned stores, agents, and third-party retail stores. The WarnerMedia segment primarily produces, distributes, and licenses television programming and feature films; distributes home entertainment products in physical and digital formats; and produces and distributes mobile and console games, and consumer products, as well as offers brand licensing services. It also operates cable networks, multichannel premium pay television, and over-the-top services; and digital media properties. The Latin America segment offers video entertainment and audio programming services under the DIRECTV and SKY brands primarily to residential customers; pay-TV services, including HD sports video content; and postpaid and prepaid wireless services under the AT&T and Unefon brands, as well as sells various handsets through company-owned stores, agents, and third-party retail stores. The Xandr segment provides digital advertising services. 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.

Current Price: $30.82
Consensus Rating: Hold
Ratings Breakdown: 11 Buy Ratings, 14 Hold Ratings, 2 Sell Ratings.
Consensus Price Target: $36.15 (17.3% Upside)

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A groundbreaking new technology is expected to be in every household in America in 2020. This technology has the potential to make over 266 million smartphones become obsolete forcing nearly every American to switch over to this new "5G Device."pixel




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