$T is one of the few stocks that are not back to pre-covid price. Sure their earnings are down but so are all these other companies. Companies like Hilton, Vail Resorts (MTN), and etc are above pre-covid levels yet earnings are still 30% below. Amazing that you can have -30% EPS from the previous year but your stock is ATH. $T earnings are only down 10% yet the stock is still 20% below pre-covid. Earnings could be back to pre-covid by 1Q2021. You would then think the stock will be priced at pre-covid prices of 39. Thus $T may have a potential of 20% stock growth over the next 2 years. Plus you get a nice dividend