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As an investment, AT&T still rings true

With the markets still in a choppy/consolidation mode (or perhaps worse), it's best to consider including a few defensive stocks in your portfolio, and with the above in mind AT&T is worth an evaluation.

Blue-chip giant AT&T Inc. (NYSE: T) is the industry-leading provider of voice, IP-voice, video, and data communications services, with operations in every major country and metropolitan area in the world.

Analysts expect AT&T's 2008 revenue to increase 4-6% in 2008, followed by 5-7% growth in 2009.

Further, AT&T's wireless division is expected to be a star performer, with 2008 revenue advancing 13-20% in 2008, on new subscribers and expanded services.

Continue reading As an investment, AT&T still rings true

Symbol Lookup
IndexesChangePrice
DJIA-42.6310,408.32
NASDAQ-11.582,164.43
S&P 500-3.201,103.04

Last updated: November 24, 2009: 12:40 PM

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