Sunday, April 6, 2014

Does This Move Make AT&T Stock a Buy Now?

The broadband war is widening. Recently, AT&T (NYSE: T  ) announced plans to bring service to five new markets for a total of 212, CNET reports.

AT&T's expansion covers two cities in Texas (Jacksonville and Palestine), two in Missouri (Sedalia and Warrensburg), and Manhattan, Kansas. In the video below, Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova discusses which companies gain from this move.

More coverage means more broadband for mobile devices, which, in turn, is good news for the companies dependent on serving data to us anytime, anywhere -- Facebook (NASDAQ: FB  ) and Google, notably. And what of AT&T stock? Even with this expansion the carrier badly trails its main rival, Verizon (NYSE: VZ  ) , in terms of the number of markets served. Concentrate your research efforts on Facebook and Google instead.

Do you agree? Please watch the video to get Tim's full take, and then let us know whether you would buy, sell, or short AT&T stock at current prices.

The titans of tech
It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks?" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged by the five kings of tech. Click here to keep reading.

10 Best Penny Stocks To Buy Right Now

1 comment:

  1. Your blog is awesome. Thank you so much for providing plenty of practical information. I have bookmark your blog site and will be without doubt coming back. Once again, I appreciate all your work and also providing a lot awesome ideas to the audience.

    AT&T Stock Quote

    ReplyDelete