Is AT&T (T) the Best Stock in Citadel LLC’s Portfolio to Buy Now?

AT&T Inc. (NYSE:T) is one of the best stocks to buy according to Citadel LLC. On October 22, Bank of America Securities analyst Michael Funk reaffirmed a Buy rating on the stock with an unchanged price target of $34.00. This reaffirmation came after the company reported Q3 2025 earnings, which the analyst deemed better than expected.

Funk said that the company’s figures on adjusted EBITDA and free cash flow were ahead of expectations. He also opined that AT&T’s offerings hold a competitive edge in the market, as evidenced by the post-paid net additions reported in Q3, and potentially could help it attract more customers from competitors like Verizon.

Is AT&T (T) the Best Stock in Citadel LLC's Portfolio to Buy Now?

Photo by Rubaitul Azad on Unsplash

The analyst also viewed the company’s outlook positively, as AT&T Inc. (NYSE:T) guided for service revenue growth in low single digits and adjusted EBITDA growth of at least 3%. He further anticipated several other catalysts for his positive view, including the company’s robust shareholder returns policy with consistent stock repurchases and substantial dividends (yield of around 4.35%). Moreover, the analyst is also optimistic about the growth push from AT&T’s $5.75 billion acquisition of Lumen’s (NYSE:LUMN) Mass Markets fiber internet connectivity business. This deal is expected to close in the first half of 2026.

AT&T Inc. (NYSE:T) is a leading telecommunications and media company based in the United States. The company primarily provides mobile and fixed telephony services, broadband, and digital television.

While we acknowledge the risk and potential of T as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than T and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.