T is a strong defensive choice due to its high dividend yield and technical uptrend above the 200-day moving average.
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All right, the last three charts out of these top 10 to watch for uh September for me are more value plays, right? Three different sectors that I think uh and I think the stocks are just worth paying attention to.
Um and the first one would be AT&T. AT&T is another high yielding name. This has a an estimated dividend yield above 4% a year, which is pretty decent. Well above average for the S&P.
What I love about the chart of AT&T and Verizon is another one that's in a kind of a similar configuration. pull back from the 200 day powering above it. You've got a dis decent dividend uh payout, right?
Decent income side, but also the price is really appreciating going from around $20 to around $26 on an adjusted basis just in the last uh two months.
So, overall, I think we're now in a uh in an uptrend phase of higher highs and higher lows. I like the fact that we've gotten above the 200 day and I love the fact that if you're concerned about market stability, lower volatility names with decent dividends where the price is going up, that's like the three boxes you want to check for good defensive areas of the market to hide out in.
So, if you're concerned about deterioration in growth, deterioration of market breath indicators, chart like AT&T certainly deserves some uh some potential uh attention, I I think.
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