Why You Should Think About AT&T Differently Now?

Shares of AT&T (T) trade at 7.4 times earnings, compared with 22.5 for the S&P 500. Anyone buying at that level needs to understand exactly how the company is shifting its priorities. During its third-quarter 2024 call in October 2024, executives focused heavily on reaching their target for debt measured against profit. Today, the messaging has changed. So what is management talking up instead.