Dallas-headquartered AT&T Inc. (T) is the second-largest wireless service provider in North America and a major global communications carrier, with a market cap of $138 billion. The company operates through its Communications and Latin America segments, providing a diverse array of services, including wireless, local and long-distance exchange, data and broadband, internet, wholesale, and cloud-based solutions.
Shares of this large-cap telecom giant have outperformed the broader market considerably over the past year. T has gained 36.2% over this time frame, while the S&P 500 Index ($SPX) has rallied 19%. In 2024, T stock has gained 16%, while the SPX is up 14%.2 on a YTD basis.
