I Went From 'Why Do I Own AT&T?' to 'Wow, Am I Glad I Own AT&T'
This could be the last chance to add before the stock finally moves into its next technical phase.
Stocks quotes in this article:
T,
VZ,
NFLX
For such a long time, I would scan my portfolio for something to get rid of -- this is something I do regularly in good times and in bad. I never like to hang on to stocks that don't perform for very long. Even if they just go sideways, as the shares of AT&T (T) have pretty much done since selling off in early 2020. Stocks that do not move do not only take up space, they present opportunity lost, as in the fact that cash might not perform, but at least cash is flexible. Cash is a strung arrow. Non-performing equities are no more than a slung bow.