Prediction: 2 Companies That Will Be Worth More Than AT&T 2 Years From Now
Verizon and Micron could each eclipse AT&T's market cap by 2027.
Three catalysts drove AT&T's (NYSE: T) stock price nearly 50% higher over the past two years.
Image source: Getty Images.
From 2024 to 2027, analysts expect AT&T's EPS to grow at a compound annual rate of 19% as it keeps expanding its higher-margin 5G and fiber businesses while tightly controlling its expenses. Trading at $26.50 per share and 12 times this year's earnings, it still looks like a bargain. It also pays an attractive dividend that (at the current price) yields 4.2%.
