AT&T fell even though its Q2 earnings and revenue topped estimates and wireless subscriber additions topped views.

Northrop Grumman stock went north to the tune of 9%. Its defense compatriots RTX and Lockheed Martin LMT registered steep losses, a byproduct of weaker earnings reports.

Verizon is deeply undervalued, trading at under 10x FCF and earnings, with a 6%+ dividend yield and decades of dividend ...