AT&T Inc. (T): 52 Members Of Congress Own This High-Yield Stock — Should You?

I’m not necessarily recommending you snap up some shares of AT&T Inc. (NYSE:T), but there is plenty to like about the stock… and importantly, Congress seems to agree.

While some investors will view AT&T Inc. (NYSE:T) as a “boring” old company past its prime, I view it as an established company that is worth owning for the long haul, complete with a 225-country-strong market position, billions of cash on hand and huge $20 billion annual cash flows that will help it acquire smaller competitors and keep growing its dividend for years.

It’s traits like these that have rewarded long-term AT&T shareholders — and Congress — handsomely over the past decade. It’s a major reason why AT&T has more than doubled the S&P 500’s performance…

As the millionaire members of Congress may have already figured out, serious investors who ignore these long-term, market-beating traits are making a huge mistake. If you’re not allocating some of your portfolio to strong companies like these and letting the returns compound year after year, you’re missing one of the most important forces in the market.

In my report, “The 10 Best Stocks To Hold Forever,” I teach investors how to spot these kinds of forever investments and how to know exactly when to invest in them. In fact, it’s not just members of Congress who own stocks like these — several high-profile people like Warren Buffett, Bill Gates, Mitt Romney and John Kerry own them as well.

– Elliott Gue

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