NEW YORK ( TheStreet) -- Readers familiar with my work know that a large chunk of my investment strategy is focused on dividends. As such, in the telecom world we own AT&T (T), Verizon (VZ) and CenturyLink (CTL).Noting that T and VZ have risen approximately 30% and 16%, respectively, in the past year, they may be a bit overvalued. Today, they are great "hold" stocks, in my opinion, but new money in those companies may not be your best bet at this time.
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