Strength In Telecom Stocks: AT&T (T) And Verizon (VZ)

Telecom stocks like AT&T (T) and Verizon (VZ) are trading higher today. AT&T (T) earnings report revealed promising news for consumer growth and $0.77 in EPS and $38.1B in revenue. Jenny Horne weighs in on how this is the last quarter that HBO will be included in the earnings data. Verizon (VZ) earnings report will be released tomorrow, and T-Mobile (TMUS) earnings report will be released next week. Telecom companies are continuing to make strides in the 5G space. Alex Coffey discusses how the AT&T CEO, John T. Stankey, stated that there is a “new era” for the company. Finally, he discusses a post-earnings example covered call trade on the underlying T stock.