UNDERPERFORMING AT&T MAY DO BETTER THAN APPLE AND AMAZON — HERE IS YOUR GAME PLAN $T $AAPL $AMZN $SPY $MU $NFLX $ZM $CRWD
Apple and Amazon shares have been great performers for years, while good, old AT&T hasn’t done much of anything.
But under one scenario, AT&T’s T stock has the potential to outperform Apple AAPL and Amazon AMZN. Let’s explore this issue with the help of a chart.
Please click here for an annotated chart of AT&T.
Note the following:
• It’s a monthly chart. In this case the monthly chart is appropriate as the objective is a long-term position.
• The chart shows that the stock of AT&T jumped on activist investor Elliott Management taking a $3.2 billion stake in AT&T.
• Elliott Management says AT&T stock could be worth at least $60 per share by the end of 2021.… Please click here or the title below to read more.
September 10, 2019