Who Knew AT&T Stock Had Fuel in the Tank?
For several years, analysts were concerned that AT&T Inc. (NYSE:T) would lose business to Google (Alphabet Inc.) (NASDAQ:GOOGL). Sounds absurd, right? I never seriously worried that Google would harm AT&T stock, but the threat was real enough to warrant my attention.
Here's what happened.
At some point, Google realized that Internet speeds were ridiculously slow in the United States. And since the end goal of Silicon Valley is to have more and more commerce functioning via the Internet, this barrier imposed a low.
Den vollständigen Artikel lesen ...
For several years, analysts were concerned that AT&T Inc. (NYSE:T) would lose business to Google (Alphabet Inc.) (NASDAQ:GOOGL). Sounds absurd, right? I never seriously worried that Google would harm AT&T stock, but the threat was real enough to warrant my attention.
Here's what happened.
At some point, Google realized that Internet speeds were ridiculously slow in the United States. And since the end goal of Silicon Valley is to have more and more commerce functioning via the Internet, this barrier imposed a low.
Den vollständigen Artikel lesen ...