5 Stocks To Buy Now According To Stamos Capital

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

Stamos Capital’s Stake Value: $8.7 million
Percentage of Stamos Capital’s 13F Portfolio: 4.58%
Number of Hedge Fund Holders: 68

Dallas-based AT&T Inc. (NYSE:T) is a mobile-phone and Internet services provider that operates as a multinational holding company. It ranks first on our list of the 10 stocks to buy now according to Stamos Capital.

On October 7, MoffettNathanson analyst Craig Moffett upgraded AT&T Inc (NYSE:T) to Neutral from Sell, with a price target of $28, up from $23.

As of the end of the second quarter, 68 hedge funds tracked by Insider Monkey reported owning stakes in AT&T Inc. (NYSE:T). The total worth of these stakes is $2.9 billion. This is compared to 63 funds had stakes in the company in the previous quarter, with a total worth of $2.7 billion. According to our database, Stamos Capital owns 302,500 shares in AT&T Inc. (NYSE:T), worth roughly $8.7 million.

You can also take a peek at 10 Cheap Dividend Kings with Over 2% Yield and 12 Best Semiconductor Stocks To Invest In Right Now.

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