12 Best Undervalued Stocks to Buy According to the Financial Media

7. AT&T Inc. (NYSE:T)

Forward P/E: ~10.7x

Number of Hedge Fund Holders: 72

AT&T Inc. (NYSE:T) is one of the Best Undervalued Stocks to Buy According to the Financial Media. On May 27, the company highlighted that it maintains its long-term outlook and capital allocation plans, including its outlook for improvement in growth in adjusted EBITDA and adjusted EPS, and increased FCF through 2028.

This also includes AT&T Inc. (NYSE:T)’s plans to return more than $45 billion to shareholders during 2026-2028 in the form of dividends and share repurchases, and the anticipation that its net debt-to-adjusted EBITDA ratio would come back to the level that is consistent with its target in the 2.5x range in ~3 years after the closing of the transaction with EchoStar.

For Q2 2026, AT&T Inc. (NYSE:T) expects improved YoY growth in wireless service revenue and in consolidated adjusted EBITDA relative to the YoY growth rates that were reported in Q1 2026. Furthermore, it expects Q2 2026 FCF of between $4.0 billion – $4.5 billion.

AT&T Inc. (NYSE:T) is engaged in offering telecommunications and technology services.