HomeMarketsEarningsTelecom Turnaround: A 'Tariff-Proof' Group?

Telecom Turnaround: A 'Tariff-Proof' Group?

AT&T (T) "checked all the boxes" says James E. Demmert. He joins Diane King Hall at the NYSE set to dive into the telecom stock's latest earnings report that showed postpaid phone net adds over 324k. He says investors should focus on the company's outperformance relative to the S&P 500 (SPX). He believes it could ride the wave of A.I. technology adoption and thinks it is a long-term hold. For T-Mobile (TMUS) and Verizon (VZ), he likes the overall group saying it could even be a "tariff-proof" part of the economy.

Morning Movers

23 Apr 2025

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