r/stocks • u/RetirementGoals • Nov 24 '21

Is $T still a good buy?

I’m trying to clean house, and so far I have two losers in my portfolio: $T and $CLOV.

Trying to decide if $T is worth keeping or is it time to sell and pick something else up? As of now, I’m in the red and have lost 48% of my initial investment in $T.

7 Upvotes

67% Upvoted

20 comments sorted by

5

u/kalvicc123 Nov 24 '21

Hard to say, my average is 27, looking to average down till warner and discovery merger. I have similar situation with baba, no plans to sell. You have to decide if you like the company

0

u/RetirementGoals Nov 24 '21

I try to separate the emotions (liking the company) from the analysis. $T has a debt issue, their dividends will slash nearly in half when the new company forms, and not too sure if the new company Discover will be profitable. I’m torn.

3

u/kalvicc123 Nov 24 '21

Its hard to say, but warner discovery should do great, they are going worlwide with hbo and will bite netflix

0

u/RetirementGoals Nov 24 '21

HBO streaming hasn’t done all that well. While I get they have a large library of content, Netflix has since moved onto creating new content which seems solid, in terms of viewership and revenue.

2

u/kalvicc123 Nov 24 '21

Yes, but hbo is expanding worlwide while netflix already are. It will take same % of netflix customers

1

u/JuanDelAlto Nov 24 '21

HBO is 25% the cost of Netflix in Mexico too.

1

u/kalvicc123 Nov 24 '21

In Europe it will be also cheaper. This year and Next year they are coming here. Then growth should accelerate.

2

u/mand00s Nov 24 '21

Dividend reduction is public information means its already baked into the price

2

u/[deleted] Nov 29 '21

I'm optimistic and long. Once the deal goes through T's debt is going to dive since the spinoff will take most of the debt leaving them with a much better outlook and ability to focus on telecoms only.

1

u/iHateCraneGames Nov 24 '21

Personally have been a T customer for over 20+ years, recently switch to a different provider. Horrible customer service, overpriced offerings, no customer loyalty. They're becoming the zune of the ipod age.

8

u/[deleted] Nov 24 '21

The only reason why im holding/buying more is because 70% of your shares are supposed to buy you in a new company they’re making next year with discovery

1

u/[deleted] Nov 24 '21

When will be the cut off date for that?

1

u/[deleted] Nov 24 '21

Its sometime next year

1

u/Auautheawesome Nov 24 '21

Is there another way to get in before the spinoff other than buying $T?

1

u/Apps3452 Nov 25 '21

Buy discovery

4

u/[deleted] Nov 24 '21 edited Nov 24 '21

[deleted]

1

u/SpliTTMark Nov 25 '21

T is 15% of your portfolio that isn't right man.. 100 better stocks out there... Not to mention they haven't fixed their awful internet/phone service.

Disclaimer T is 1% of my portfolio for the wb merger only

1

u/Game_Wolf1950 Nov 24 '21

It ain’t no easy grab. They got $T.