AT&T (T 1.33%) and Verizon (VZ 0.43%) are both extremely cheap stocks by most traditional valuation metrics, but they're cheap for a reason. As we'll discuss in this video, T-Mobile (TMUS 0.69%) may look much more expensive, but it could be the smartest of the three stocks to buy.

*Stock prices used were the afternoon prices of Oct. 12, 2023. The video was published on Oct. 13, 2023.