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AT&T is a buy now that WarnerMedia spinoff is complete, JPMorgan says

John Stankey, President & Chief Operating Officer of AT&T and Chief Executive Officer of WarnerMedia, speaks onstage at HBO Max WarnerMedia Investor Day Presentation at Warner Bros. Studios on October 29, 2019 in Burbank, California.
Presley Ann | Getty Images Entertainment | Getty Images

Shares of AT&T are trading at a discount after the telecom company completed the deal to merge its old WarnerMedia business with Discovery, according to JPMorgan.

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