2 Bargain Stocks for Budget-Conscious Investors
With the typical American holding $8,000 in savings, budget-minded investors are seeking affordable entry points into the market. AT&T emerges as a standout candidate, trading below $30 with a modest P/E ratio of 17x—less than half the market index's valuation. The telecom giant's strategic pivot to Core wireless and fiber services, coupled with divestitures of non-core assets, presents a stable if unspectacular opportunity.
Unlike tech high-fliers sporting triple-digit P/E ratios, AT&T offers value-oriented exposure to essential connectivity services. Its restructured operations and dividend appeal contrast sharply with speculative growth stocks, providing ballast for portfolios light on defensive positions.