Callers noted that stocks have risen nearly 69% over the past 12 months, asking AT&T Inc. (NYSE:T). Kramer has to say:

“I will tell you, I will tell you, I think it goes in the right direction and I will be a buyer for AT&T.”

Skyscrapers decorated with telecommunications equipment symbolize the industry.

AT&T (NYSE:T) offers a wide range of telecommunications and technical services including wireless voice, data planning, broadband internet, cloud solutions and hosting services. TCW Relative Value Large CAP Fund pointed out the following about AT&T Inc. (NYSE:T) in its Q3 2024 Investor Letter:

“Dallas, Texas-based AT&T Inc. (NYSE:T) is a nationwide provider of voice, video and data communication services for enterprises and consumers of wired, wireless and broadband. At the beginning, the stock had a market capitalization of $141 billion and invested in 5.6% of the stock with a 5.6% stock investment and 5.6% of the company at a price of 5.6%. 2023 helps bridge the digital divide. All operations will emit carbon emissions by 2035. Reorganization. By the end of June 2024, AT&T’s $142 billion is actively reducing costs and selling non-core assets, such as its advertising platform Xander to Microsoft†, which was completed during the 2022 period. In 2023, it expanded its 5G network, and nearly 24,500 towns in the U.S.’s medium-term 5G+ network attracted more than 24,500 towns, covering more than 210 million people. AT&T’s restructuring and refocus on its core business should improve revenue and cash flow while reducing shareholder uncertainty.”