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