Dialing Up a Winning Trade

Published on
August 8th, 2019
Duration
14 minutes

Dialing Up a Winning Trade

Trade Ideas ·
Featuring Dave Keller

Published on: August 8th, 2019 • Duration: 14 minutes

Dave Keller, CMT, president of Sierra Alpha Research, has been spot-on with his defensive trade on AT&T from early April. In this interview with Alex Rosenberg, Keller reexamines his thesis on the stock, and provides his updated outlook on equities as a whole. Filmed on August 7, 2019. You can rewatch Dave’s original idea from April 4, 2019 here: https://www.realvision.com/tv/shows/trade-ideas/videos/playing-defense-with-att

Comments

Transcript

  • JP
    John P.
    8 August 2019 @ 18:21
    I agree that T is cheap relative to free cash flow and a good source of yield in a low interest rate environment. However, as a buyer over the past year I've had to address that T does not always work well as a defensive stock relative to the market. I think it will still trade much lower if the broader market turns down this fall because of fear of high debt levels regardless of whether the debt is serviceable.
    • R
      Ron .
      8 August 2019 @ 19:13
      Yes. Well said. Completely agree. Good comment.
    • AC
      Andrew C.
      14 August 2019 @ 03:34
      So with good cash flow, they should be able to maintain the dividend - correct?