Summary
AT&T is not liked by everyone, and that is perfectly fine.
AT&T's shares can be strong income investments that provide reliable dividends.
The business is future-proof and recession-resilient.
Thesis
In a recent article here on Seeking Alpha, I read that the author hates AT&T's (T) stock. Nobody, obviously, is forced to like AT&T's stock, but I believe that AT&T is not as bad as some might think. In this article, I will lay out the positives and my reasoning for why AT&T can be a good income investment.
What Happened?
Seeking Alpha contributor Charles Lewis Sizemore, CFA, wrote an article called I Hate AT&T here on Seeking Alpha. He explains how AT&T does not fit his criteria for income investments, which includes a competitive moat, a future-proof business model, rising demand for the underlying product, and a low dividend payout ratio.
