AT&T (T) STOCK WILL BE $40!! HBO Max Growth INSANE!

AT&T Stock will be $40 by the end of the year 2021. I believe AT&T has many bullish indicators going forward with HBO Max as well as paying down debt.

With HBO Max over 38 M subscribers, AT&T is sure to benefit from the growing streaming service. AT&T is also paying down debt by not increasing the dividend and using that free cash flow to put towards debt.

AT&T is also benefiting heavily from the European markets finally being able to download HBO Max as well as the Roku deal needed to be finalized. If Roku and AT&T put a deal together which should happen soon, I believe AT&T Stock price should rapidly accelerate forward.

Also, if AT&T can keep selling off assets and clean their balance sheet up, like stated above, AT&T should be able to keep paying down bad debt and investing into HBO Max. The more content with highly skilled actors, the better it will be HBO Max subscription numbers.

With AT&T putting out HBO Max content in Movie theaters as well as same day on HBO Max, this should drive subscription numbers up as well. Why would somebody go to the movie theatres and pay $12 for a ticket and $30 for food when you can pay 14.99 a month and watch your favorite movies in the comfort of your own home.

Do you own any AT&T Stock?
Are you a HBO Max subscriber?
Do you think AT&T will head to $40 a share?

Watch my other AT&T videos
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