12 Most Profitable S&P 500 Stocks to Invest In

9. AT&T Inc. (NYSE:T)

On June 17, 2026, AT&T Inc. (NYSE:T) disclosed that Pascal Desroches announced his retirement as Senior Executive Vice President and Chief Financial Officer on June 11, effective December 31, 2026. AT&T appointed Jennifer Biry as Deputy Chief Financial Officer on June 15, effective July 6, 2026. Biry will become Senior Executive Vice President and Chief Financial Officer on January 1, 2027. The filing described Biry, 52, as the former CFO and COO of McAfee since 2022. Biry previously held senior finance, sales, and strategy positions at AT&T beginning in 1999, including serving as WarnerMedia’s Executive Vice President and CFO from 2020 to 2022.

On June 12, Freedom Broker initiated coverage of AT&T with a Buy rating and a $30 price target. Freedom Broker said the U.S. telecom and cable sector entered 2026 at a more advanced stage of convergence than consensus had expected. While Freedom Broker views T-Mobile (TMUS) as the strongest fundamental story based on its spectrum position, EBITDA growth, FCF margin, and balance-sheet flexibility, Freedom Broker called AT&T “a clear convergence story.”

On June 10, AT&T launched Unlimited Day Pass, offering eligible U.S. iPad users, including non-AT&T customers, 24 hours of unlimited wireless data for a $3 flat rate without contracts, subscriptions, or credit checks.

AT&T Inc. (NYSE:T) provides telecommunications and technology services worldwide through its Communications and Latin America segments.