AT&T, Verizon Gain If China Economy House Of Cards?

By | August 27, 2015

Scalper1 News

Worries that China’s economy is a house of cards amid a sharp slowdown in construction activity could push investors toward high-dividend-paying telecom stocks such as AT&T (T) and Verizon Communications (VZ), says research boutique MoffettNathanson. Many economists expect real GDP growth in China to slow further in 2015 and 2016, though a collapse of the Chinese economy still seems unlikely. In a move to boost exports, China devalued its Scalper1 News

Scalper1 News