On CNBC's "Fast Money," Tim Seymour said that AT&T Inc. T has been a real underperformer in the post-COVID-19 rally. He has a long position in the name and he would stay long because of its high dividend yield.
Mike Khouw would be a buyer of AT&T because the dividend has proven to be covered. He owns the stock and he thinks that it is currently at a price level where the risk-reward is a lot more favorable.
Guy Adami thinks that Coca-Cola Co KO could rally to $49. He would stay with the stock.
Khouw said that Coca-Cola is not a growth stock, but it is probably a safe one. He thinks that the stock has been reasonably constructive and its dividend is supportive.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.