AT&T reported fourth quarter earnings today. Despite new competition in the I-Phone market, AT&T is expected to maintain the lion's share of that market for quite some time, and the company has additional business divisions which contribute to its overall annual earnings growth.
The stock is likely to trade in the $28-$30 area in the near term, with the next move likely being a rise to $35/$36. I wouldn't hesitate to buy AT&T immediately for a good trading opportunity.
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