AT&T has been on the move up since June, but recently leveled off towards the end of September. I do not believe AT&T is finished growing: this leveling off allows smart investors an excellent entry point into a stock that is still on the uptrend.
Love or hate, AT&T continues to beat analyst estimates and bring in solid returns. There is no reason why this stock should stumble, and with tech-analysis-obsessed investors salivating over that "oversold" stochastic, there could be a rush of dumb money into AT&T that might inflate stock prices for a significant short-term gain.
At $32, it is a crime not to pick up a few shares of AT&T and bank on the increasing numbers and outperforming company statistics to increase investor worth.
$32.77 (10/10/06)
