When asked on his CNBC show Mad Money, Jim Cramer said AT&T is not a buy. He said “right now I think they are doing terribly. It’s just not a great company”. While in my opinion that may be a bit over-the-top, the hard truth is the company has been on the wrong course for many years. Even though they are now trying to right the ship, is just has not happened, yet.
So, what can we expect going forward with Ma Bell? Let’s dig in and see where AT&T is today. Look at their history, their current struggle and when we can expect their eventual recovery and how strong it will be.