AT&T (T) shares touched a 30-year low last week, so which telecom stock is the best positioned right now? T's 2Q adjusted EPS came in at $0.63 versus an estimated $0.60 and revenue came in at $29.92B versus an estimated $30.09B. Jeff Kagan and Keith Snyder discuss telecom earnings takeaways. They talk about the investing outlook for telecom stocks. CFRA has a sell rating on AT&T (T) and a strong buy rating on T-Mobile (TMUS). They compare T, TMUS, and Verizon (VZ). They also preview TMUS's earnings which are to be released today, postmarket. They also go over movement in Qualcomm (QCOM). Tune in to find out more about the stock market today.
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