For the past 12 years, investing in growth stocks has been a moneymaking strategy. Historically low lending rates and an accommodative Federal Reserve have allowed fast-paced companies to thrive. Back in 2013, J.P. Morgan Asset Management, a division of JPMorgan Chase, released a report that compared to performance of publicly traded companies that initiated and paid a dividend between 1972 and 2012 to stocks that didn't pay a dividend over the same period.
Bargains aren't bargains if there's not much hope for a strong rebound move.
AT&T (T) closed the most recent trading day at $23.46, moving +1.78% from the previous trading session.