Fairly Priced For Boring People
Good afternoon gang!
Hope everyone is doing well & isn't getting too blown out in the carnage today in the majority of the market.
If you're looking for something boring to put your money into, AT&T didn't used to be an option, but it's now gotten to a price where it's beginning to look interesting.
Back when the split was announced, I remember doing some back-of-the-napkin math and coming to the conclusion that the cheaper end of the map would be about 22 a share, which we very nearly touched recently. Plus, the juicy 9% yield. seems compelling as a place to hide until the higher beta black hole passes, if you feel like bailing. Or, levering up on a 2x position for an 18% yield on this stock which trades like a bond. Only thing to track is the upcoming separation where you'll get two companies.
Cheers!
Hope everyone is doing well & isn't getting too blown out in the carnage today in the majority of the market.
If you're looking for something boring to put your money into, AT&T didn't used to be an option, but it's now gotten to a price where it's beginning to look interesting.
Back when the split was announced, I remember doing some back-of-the-napkin math and coming to the conclusion that the cheaper end of the map would be about 22 a share, which we very nearly touched recently. Plus, the juicy 9% yield. seems compelling as a place to hide until the higher beta black hole passes, if you feel like bailing. Or, levering up on a 2x position for an 18% yield on this stock which trades like a bond. Only thing to track is the upcoming separation where you'll get two companies.
Cheers!
🚨🚨🚨
Get high-probability trade ideas and research directly to your inbox for free.
Follow us here and turn on email alerts to stay in the loop: seekingalpha.com/author/propnotes
Get high-probability trade ideas and research directly to your inbox for free.
Follow us here and turn on email alerts to stay in the loop: seekingalpha.com/author/propnotes
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.