This Dividend Stock Is Up 4 Times More Than the S&P 500 in the Past Year. Here's Why I'm Loading Up On It.
The S&P 500 (SNPINDEX: ^GSPC), the stock market's most widely followed index, has delivered slightly better than average returns over the past 12 months, rising by around 12%. However, the market's rocky start to 2025 has its year-to-date gains at just over 2% (as of June 9).Although some may have predicted the S&P 500's slowdown, I imagine that not many people would have guessed that AT&T (NYSE: T), a stock that has struggled for the better part of the past decade, would gain 55% in the past 12 months -- more than four times as much as the S&P 500.Yet even after that impressive run, AT&T stock still appears to be a solid long-term investment to buy now.Continue reading
The S&P 500 (SNPINDEX: ^GSPC), the stock market's most widely followed index, has delivered slightly better than average returns over the past 12 months, rising by around 12%. However, the market's rocky start to 2025 has its year-to-date gains at just over 2% (as of June 9).
Although some may have predicted the S&P 500's slowdown, I imagine that not many people would have guessed that AT&T (NYSE: T), a stock that has struggled for the better part of the past decade, would gain 55% in the past 12 months -- more than four times as much as the S&P 500.
Yet even after that impressive run, AT&T stock still appears to be a solid long-term investment to buy now.
