Michael Hodel

We believe shares are attractive for the narrow-moat company.

We plan on increasing our fair value estimate and shares are starting to look attractive.

In the long term, gaming companies could level up.

The firm has also announced additional strategic moves this week that should benefit the business.

The company's second quarter was the strongest in four years.

We maintain that Netflix is overvalued but see potential in ViacomCBS.

Surging advertising demand drives online media shares higher as traditional media firms scramble to bulk up.

We don’t expect to change the firm's $36 fair value estimate.

The company purchased AOL in 2015 and Yahoo in 2017 to build a media empire.

Our fair value estimate remains $36 per share.

We're not changing our $57 fair value estimate.

The giants still have an edge in this rapidly changing market, though.

Our fair value estimate remains $36, and we believe the stock is attractive.

We're maintaining our $57 fair value estimate.

We spot opportunities in consumer staples, utilities, and energy.

Market seems focused on the rebound in online advertising demand.

We don’t expect to materially change our $37 fair value estimate or narrow moat rating; we believe the stock is attractive.

We consider shares fairly valued for the narrow-moat company.

Traditional media stocks still look the most attractive.

We don't expect to make a change to our fair value estimate for the narrow-moat company.

Cord cutting is still an issue, but a subscriber death spiral remains unlikely.

Finding undervalued stocks among challenged dividend-payers.

Rebound has been uneven in the sector.

We are maintaining our fair value estimate for the narrow-moat firm.

We are maintaining our fair value estimate after first-quarter results show resilience.

Some communications stocks struggle in pandemic, while others benefit.

Google's online dominance should be able to withstand any shocks.

Our thoughts for today, tomorrow, and the long term.

The merger will create an exceptionally well-positioned wireless carrier.

We don’t expect to materially change our $58 fair value estimate, and we view the shares as fairly valued.

We don’t expect to materially change our fair value estimate, and we view AT&T shares as fairly valued.

Reviewing our four 2019 dividend picks, and looking ahead to new ones.

As telecom and media valuations in the U.S. move sharply higher, Mexican firms Grupo Televisa and America Movil trade at a discount.

Industry gearing up for upcoming streaming wars.

We don't see much in the U.S. telecom industry that's attractive, but Comcast may be a place to start.

AT&T makes plans, Verizon adds customers, T-Mobile takes share, and Sprint brings up the rear.

We view the narrow-moat firm's shares as fairly valued.

We see little strategic reason for AT&T to combine wireless and media businesses.

The narrow-moat firm delivered solid wireless results during the second quarter.

Traditional telecom has lagged, but the rest of the sector has been strong.

These undervalued stocks all boast generous yields and secure dividends.

Charter and Altice USA are both narrow-moat cable companies we'd be interested in owning at lower prices.

AT&T is one of our favorite stocks today -- here's why.

We think it's done making bad capital-allocation decisions for a while.

And why we think AT&T is compelling.

Hefty yields permeate European telecom stocks.

The narrow-moat firm reported solid margins, and we don't expect to change our fair value estimate.

For investors looking for places to generate income with an equity portfolio, we like UPS, Wells Fargo, ExxonMobil, and KLA-Tencor.

Complexity and confusion, particularly in Europe, has created opportunities for investors.

We suspect AT&T will meet its 2019 leverage target given the extreme management focus on this effort, but we remain negative on the prospects for the consumer segment.