Wednesday, March 21, 2012

Wednesday Afternoon Thread

T Daily Chart
There's been a lot of talk about AAPL and other smart phones.  Also buzz about the price of data plans and how some networks are throttling customers on unlimited plans.  These data hogs are good for the carrier's bottom lines.  T has only danced with the 50 day simple moving average once this year.  That was a successful test in late January.  It has been overbought for more than a month now and still looks strong.  It has a 5.6% dividend for support and is in no danger of failing to pay it.  If you want a boring stock that pays you with dividend and capital appreciation this is a good one.