J.P. Morgan keeps AT&T as a top pick, citing strong market share potential despite steady stock performance.

J.P. Morgan continues to recommend AT&T stock as a top pick, highlighting the wireless carrier's strong position to gain market share from competitors. Although AT&T's stock has moved in line with the broader market this year, the investment bank believes the company's strategic positioning and market opportunities make it an attractive investment. This outlook suggests confidence in AT&T's future growth potential despite current market trends.