There was a time when AT&T Inc. was in every portfolio, if not through direct holding then through a mutual fund. Prediction: 2 Stocks That’ll Be Worth More Than AT&T 1 Year From Now does a much better job of covering this then I will, if you are interested in more. Meanwhile, back at the ranch, I started trimming my too-diverse portfolio this year and cut AT&T from the team in September, but forgot to tell JStock about it. If I believed that I should have the ability of precognition I would be beating myself up for missing out on 85 cents a share since then. But I look at 148 Billion in debts versus 2.65 Billion in cash and I’m OK with that.
That said, with the anticipation of a merger free-for-all the next few years and how many the big T has been involved in, I’m going to drop the high alert in JStock and keep a low one for a possible bargain, just in case the market gets erratic.