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AT&T fair price is $30 at least. I have no clue how is it possible for a company like this to trade at 10P/E as if it was some argentinian coal mine.
>fixed rate debt around 4%
>insane FCF
>growing consumer numbers
>6% divvy
>the Highlands Forum member - litarally cannot fail
And yet people chose to buy 50-200 P/E tech. I don't think I understand the average investor mindset to be honest.