5 Blue-Chip Stocks at All-Time Lows

2. AT&T Inc. (NYSE:T)

Market Cap: $109.4B

AT&T Inc. (NYSE:T) fell to its 30-year lows back in July to hit about $13.45 after a report from the Wall Street Journal said AT&T was one of the telecom companies that left a huge network of lead cables throughout the country. AT&T Inc. (NYSE:T) has since recovered and was trading at around $15.21 as of September 20. AT&T Inc. (NYSE:T) shares have lost about 18% year to date through September 20.

As of the end of the second quarter of 2023, 56 hedge funds out of the 910 funds tracked by Insider Monkey reported owning stakes in AT&T Inc. (NYSE:T). The biggest stakeholder of AT&T Inc. (NYSE:T) was D E Shaw which had a $226 million stake in the company.