Long AT&T

Bought some T today in the company account @ $35.35 and $35.19. I don’t expect much upside in the stock price, but it pays a nice 5.5% divvy which I am more than happy to sit on. The theme here is to buy high yielding stable mega caps at the low end of their consolidating ranges, slowly building an arsenal of consistent income generators. I also have my eye on RDS, but expect some more consolidation in oil first.

AMZN is still my largest position in this account.