5 Best Telecom Stocks To Buy Right Now

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

Number of Hedge Fund Investors In Q2 2023: 56

AT&T Inc. (NYSE:T) is one of the largest telecommunications companies in the world and one that traces its roots back to the invention of the telephone. On a rather interesting note, the firm was out with some good news for Apple’s shareholders in October, as it countered rumors of weak iPhone demand in China by sharing that iPhone 15 pre orders were at multi year record highs.

Insider Monkey’s June quarter of 2023 survey covering 910 hedge funds revealed that 56 had held a stake in the company. AT&T Inc. (NYSE:T) ‘s largest shareholder is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital courtesy of its $339 million stake.

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