We don't expect to make a change to our fair value estimate for the narrow-moat company.
Cord cutting is still an issue, but a subscriber death spiral remains unlikely.
Finding undervalued stocks among challenged dividend-payers.
Rebound has been uneven in the sector.
We are maintaining our fair value estimate for the narrow-moat firm.
We are maintaining our fair value estimate after first-quarter results show resilience.
Some communications stocks struggle in pandemic, while others benefit.
Google's online dominance should be able to withstand any shocks.
Our thoughts for today, tomorrow, and the long term.
The merger will create an exceptionally well-positioned wireless carrier.
We don’t expect to materially change our $58 fair value estimate, and we view the shares as fairly valued.
We don’t expect to materially change our fair value estimate, and we view AT&T shares as fairly valued.
Reviewing our four 2019 dividend picks, and looking ahead to new ones.
As telecom and media valuations in the U.S. move sharply higher, Mexican firms Grupo Televisa and America Movil trade at a discount.
Industry gearing up for upcoming streaming wars.
We don't see much in the U.S. telecom industry that's attractive, but Comcast may be a place to start.
AT&T makes plans, Verizon adds customers, T-Mobile takes share, and Sprint brings up the rear.
We view the narrow-moat firm's shares as fairly valued.
We see little strategic reason for AT&T to combine wireless and media businesses.
The narrow-moat firm delivered solid wireless results during the second quarter.
Traditional telecom has lagged, but the rest of the sector has been strong.
These undervalued stocks all boast generous yields and secure dividends.
Charter and Altice USA are both narrow-moat cable companies we'd be interested in owning at lower prices.
AT&T is one of our favorite stocks today -- here's why.
We think it's done making bad capital-allocation decisions for a while.
And why we think AT&T is compelling.
Hefty yields permeate European telecom stocks.
The narrow-moat firm reported solid margins, and we don't expect to change our fair value estimate.
For investors looking for places to generate income with an equity portfolio, we like UPS, Wells Fargo, ExxonMobil, and KLA-Tencor.
Complexity and confusion, particularly in Europe, has created opportunities for investors.
We suspect AT&T will meet its 2019 leverage target given the extreme management focus on this effort, but we remain negative on the prospects for the consumer segment.
The firm's core cable business supports our wide-moat rating, and we think shares look attractive today.
Verizon shows continued strength in wireless customer growth while AT&T's entertainment segment dragged on results.
The firm's entertainment segment looks troubled, but our fair value estimate remains unchanged.
Our narrow moat rating and $58 fair value estimate remain intact.
Verizon is an attractive play for dividend investors at the current market price.
We continue to see value in communication services, even if the industry isn't delivering meaningful growth.
The decision to acquire Level 3 Communications is not entirely unreasonable, and putting these companies together makes good strategic sense.
We don't expect to change our $60 fair value estimate and view Comcast shares as fairly valued currently.
We plan to lower our fair value estimate for AT&T as the firm is paying a rich price for Time Warner and we see limited strategic benefits.
The $4.8 billion deal won’t move the needle on valuation, but we’re skeptical that Verizon will be able to reinvigorate Yahoo.
We still believe this telecom is a means to benefit from economic growth across Latin America.
Strong cable results, solid box-office receipts, and rapid theme-park growth drove Comcast’s third quarter, writes Morningstar’s Mike Hodel.
It remains the best-positioned wireless carrier in the industry and shares are currently modestly undervalued, writes Morningstar’s Mike Hodel.
Altice has offered much more than we thought the cable firm was worth on its own.
The business model is fantastic, but the industry isn't risk-free, and interest rate sensitivity could hurt.
Wireless-tower companies such as Crown Castle, American Tower, and SBA have dug themselves economic moats through high customer switching costs, but carrier consolidation is a risk.
The wide-moat media company is still not a bargain, though.
We have doubts that the two firms will be able to reach agreeable merger terms and think that both will seek out other partners.
Unlike the Comcast deal, Charter’s bid for Time Warner Cable is likely to succeed, but valuations across the cable industry look stretched.