AT&T
Building your investment thesis
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Analysis in progress
Pulling historical financials
Annual and quarterly income statements, balance sheet
Reviewing 10-K disclosures
Pulling earnings call transcripts
Gathering news and analyst views
Sharpening the investment thesis
Understanding how they make money
Tracing the financial trajectory
Evaluating competitive advantages
Sizing up the leadership team
Mapping the road ahead
Crunching the multiples
Forming the verdict
Tallying up the evidence