In today’s post:

  • 🐘 The $126.4B Elephant

🐘 The $126.4B Elephant

AT&T just posted its best fiber quarter ever. So why does nobody seem to care?

Is AT&T $T ( β–² 1.2% ) actually a buy right now, or just a 4.6% dividend yield with good PR?

Because on paper, this was a genuinely strong quarter. Over 1 million new Advanced Connectivity customers. Record fiber adds.

And yet the stock still trades like it's on probation for crimes committed a decade ago.

Let's work out whether it’s a mispricing or a warning.

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