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'Fast Money' Traders Share Their Thoughts On AT&T, Coca-Cola

Benzinga Real-time News ·  Sep 29, 2020 20:08

On CNBC's "Fast Money," Tim Seymour said that AT&T Inc. (NYSE:T) has been a real underperformer in the post-COVID-19 rally. He has a long position in the name and he would stay long because of its high dividend yield.

Mike Khouw would be a buyer of AT&T because the dividend has proven to be covered. He owns the stock and he thinks that it is currently at a price level where the risk-reward is a lot more favorable.

Guy Adami thinks that Coca-Cola Co (NYSE:KO) could rally to $49. He would stay with the stock.

Khouw said that Coca-Cola is not a growth stock, but it is probably a safe one. He thinks that the stock has been reasonably constructive and its dividend is supportive.

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