This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

8 Telecom Stocks That Could Rise

3. CenturyLink (CTL - Get Report) is an integrated communications services provider engaged primarily in local and long-distance voice, wholesale local network access, high-speed Internet access, and other data and video services.

During the first quarter of 2011, the company's customer base expanded by more than 52,000 high-speed Internet connections, taking the total to 2.45 million. Meanwhile, CTL narrowed its access line losses by 15.2% compared to the first quarter of 2010. Free cash flow at the end of the quarter stood at $528 million, while capital expenditure improved 26% to $210.6 million. The company recently paid a dividend of 72.5 cents per share on its common stock.

For the second quarter of 2011, including the impact of Qwest operations commencing on April 1, total revenue is forecast in the range of $4.40 billion to $4.43 billion, while diluted earnings per share are expected between 63 cents and 67 cents. For full year 2011, the company pegs operating revenue in the range of $14.9 to $15.1 billion. Diluted earnings per share are forecast between $2.55 and $2.65. Capital expenditures are estimated to range from $2.2 billion to $2.3 billion.

Of the 22 analysts covering the stock, 64% rate it a buy, whereas 32% rate it a hold. Analysts polled by Bloomberg expect the stock to gain an average of 15.9%, to $45.89, over the next 12 months.

6 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
VMED $0.00 0.00%
CTL $36.13 -0.33%
FTR $7.82 0.64%
TWTC $42.78 2.42%
T $34.00 0.00%


DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs