5 Best Affordable Stocks Under $30

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

Number of Hedge Fund Holders: 56

Share Price as of August 18: $14.10

AT&T Inc. (NYSE:T) is one of the largest American telecommunication giants with a worldwide presence. While It provides data, voice, and texting services, the company also provides networking gadgets. On July 26, AT&T Inc. (NYSE:T) announced a Q2 revenue of $29.92 billion and a non-GAAP EPS of $0.63. While the revenue was lower than the market estimates by $30 million, the EPS outperformed expectations by $0.03. AT&T Inc. (NYSE:T) is one of the best affordable stocks to monitor. 

According to Insider Monkey’s second quarter database, 56 hedge funds were bullish on AT&T Inc. (NYSE:T). In comparison, 58 hedge funds had invested in the company during the past quarter. D E Shaw had the largest position in the company, with 14.1 million shares worth $225.8 million. 

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