T is what used to be called a "Widows and orphans" stock. Another such stock is IBM. Still another would be PM. You buy it to produce income and hope that while it does that it increases in value. Of course if one wishes to make money in the stock market, one proven way to do so is to put a stock such as T in dividend reinvestment and let the company buy you additional shares when it pays you a dividend. The old "Rule of 72" comes into play there. If you don't know what that rule is, you should.
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