Goldman Sachs Rates AT&T, Verizon and T-Mobile as 'Buys'

Citing solid financial results, Goldman Sachs rated the three major U.S. wireless carriers as "buys" and picked AT&T as its top choice. "We believe investors are bullish on [AT&T] given solid commentary throughout the quarter with no apparent shift in management tone,” Goldman Sachs said Monday: “We think expectations are modestly elevated given the constructive wireless backdrop, offset by likely lower consumer broadband expectations given the union strike impact.”