AT&T (T) Turning Into A “Flight To Safety” Play?

AT&T (T) perhaps is turning into a safe haven for investors.

Credit Suisse upgraded T on Friday because of “signs across the industry of growing discipline around pricing and subsidies“.

AT&T (T)
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We can clearly see that T is breaking out while SPY is having trouble finding its next direction.

AT&T (T)
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Looking at our Truth Serum research T is also much less volatile vs. SPX.

Will institutional investors and retail investors be looking at T as a ‘flight to safety’ play?

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