CenturyLink a Bargain for Savvy Investors
The communications services firm has growing profits and is generating significant free cash flow despite headwinds.
Matthew Dolgin: After doing a deeper dive into CenturyLink recently, we feel even more strongly that the market is mispricing its stock.
Accelerating sales declines, a large debt load, and fears about another dividend cut may be behind the dismal stock performance over the last year, but those concerns are overblown in our view.
Matthew Dolgin does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.