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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Is AT&T Inc. (T) the Best Stock to Buy According to Billionaire Steve Cohen?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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AT&T Inc. ( NYSE :T) ranks 6th on our list of 10 Best Stocks to buy according to billionaire Steve Cohen .

Steve Cohen is a prominent figure in the world of hedge funds, is the founder of Point72 Asset Management .

Cohen is concerned that Elon Musk’s objective of utilizing DOGE to reduce government expenditure by $2 trillion may result in the largest employment cuts in US history.

While we acknowledge the potential for T as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025 , while popular AI stocks lost around 25% . If you are looking for an AI stock that is more promising than T but trades at less than 5 times its earnings, check out our report about the cheapest AI stock. Disclosure: None. This article is originally published at Insider Monkey ..

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