Will AT&T Make Money in 2021? — Market Mad House

AT&T Inc. (NYSE: T) could be the best bargain in streaming video. For example, Mr. Market paid $29.83 for AT&T shares on 6 January 2021.

Conversely, AT&T’s HBO Max streaming service added four million subscribers in October and November 2020, AT&T CEO John Stankey claims. Stankey says HBO Max had 8.6 million subscribers at the end of the 3rd Quarter of 2020 and 12.6 million subscribers at the beginning of December 2020.

Therefore, HBO Max’s subscriber base grew by one-third, if Stankey’s claims are true. Interestingly, Stankey says those viewers are watching more HBO Max, Deadline reports. In particular, Stankey claims HBO Max’s total hours of engagement by viewers grew by 36% in 30 days.

Hence, AT&T (T) could have one of the fastest growing streaming services around and a stock. Naturally, some investors will smell value at AT&T but what is AT&T.

What is AT&T?

AT&T (NYSE: T) is not the company Americans think it is. To explain, many older Americans believe AT&T is American Telephone and Telegraph; the historic phone monopoly the federal government broke up in the 1980s.

In reality, AT&T is a modern company management created by merging AT&T Inc. with Bell South, a regional phone company in 2006. That company took the AT&T name because it was more prestigious than Bell South.

Today’s AT&T is a Telecom and cable company with enormous investments in the entertainment…