Better Telecom Stock: AT&T vs. T-Mobile
Uncertainty over the future of the U.S. economy has roiled the stock market, causing many stocks to sink. In this environment, telecom stocks present a potential reprieve. Society's dependence on mobile devices makes the telecom sector a stable area to invest in.Two of the biggest companies in the telecom industry are AT&T (NYSE: T) and T-Mobile US (NASDAQ: TMUS). Both saw shares surge nearly 60% over the past 12 months through the week ended March 21. With AT&T and T-Mobile stocks performing well, does one stand out as the better telecom investment?AT&T shares have done well of late, hitting a 52-week high of $27.97 in March. This is thanks to the conglomerate's recent business performance after a few tumultuous years spent transitioning away from a failed entertainment empire.Continue reading
Uncertainty over the future of the U.S. economy has roiled the stock market, causing many stocks to sink. In this environment, telecom stocks present a potential reprieve. Society's dependence on mobile devices makes the telecom sector a stable area to invest in.
Two of the biggest companies in the telecom industry are AT&T (NYSE: T) and T-Mobile US (NASDAQ: TMUS). Both saw shares surge nearly 60% over the past 12 months through the week ended March 21. With AT&T and T-Mobile stocks performing well, does one stand out as the better telecom investment?
AT&T shares have done well of late, hitting a 52-week high of $27.97 in March. This is thanks to the conglomerate's recent business performance after a few tumultuous years spent transitioning away from a failed entertainment empire.
