AT&T Inc. (T), Intel Corporation (INTC), Verizon Communications Inc. (VZ) & 6 Dow Stocks That Double Up On The T-Bond’s Yield: Part I

Verizon Communications Inc. (NYSE:VZ)’s valuation now largely reflects these developments, and, after a 35% rally over the past 12 months, looks elevated for prudent long-term income investors. Among hedge funds, Adage Capital held a $170-million stake in the stock last quarter (check out the hedge fund’s fourth-quarter holdings here.

What’s the takeaway?

These stocks are tempting, but long-term investors should still be picky, as the appeal of high-yielding high-quality stocks, in some cases, has driven their valuations higher. Please note that AT&T Inc. (NYSE:T) and Intel Corporation (NASDAQ:INTC) are listed on Citi’s CDS-adjusted dividend stock picks for April 2013, representing stocks with low credit risk and attractive yields. That doesn’t mean that investors shouldn’t also pay attention to Verizon Communications Inc. (NYSE:VZ), as its growth prospects look like a bullish additive to the stock’s solid dividend yield.

Keep an eye out for Part II of this series, which details the remaining three stocks that give investors the chance to double up on the T-Bond’s yield.

Disclosure: none