14 Most Promising Stocks Under $100

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

Share Price as of October 7: $25.87

Number of Hedge Fund Holders: 83

AT&T Inc. (NYSE:T) is one of the most promising stocks under $100. On October 7, AT&T and Boldyn Networks announced that they had expanded cellular connectivity for AT&T riders in the New York City subway system, specifically in the Joralemon Street tunnel.

The expansion marks an early step in a major wireless upgrade for Brooklyn’s transit system. AT&T will be the first carrier to provide wireless connectivity to its customers in these newly wired tunnels. The expansion is currently live in the Joralemon Street tunnel, which is the oldest underwater subway tunnel in New York City.

The tunnel’s 1.1-mile stretch connects the 4 and 5 lines between Manhattan and Brooklyn, meaning riders between Borough Hall station in Brooklyn and Bowling Green station in Manhattan are beginning to experience mobile service. Connectivity on the crosstown G line segments will follow next, covering riders between Court Square station in Queens to Hoyt-Schermerhorn Streets station in Brooklyn.

AT&T Inc. (NYSE:T) provides telecommunications and technology services worldwide. The company operates through 2 segments: Communications and Latin America.

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