1. As of noon trading, CenturyLink ( CTL) is down $0.58 (-1.7%) to $34.48 on average volume Thus far, 3.7 million shares of CenturyLink exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $34.18-$34.96 after having opened the day at $34.84 as compared to the previous trading day's close of $35.06.

CenturyLink, Inc. operates as an integrated telecommunications company in the United States. The company provides local and long-distance, network access, private line, public access, broadband, data, managed hosting, colocation, wireless, and video services to consumers and businesses. CenturyLink has a market cap of $22.0 billion and is part of the technology sector. The company has a P/E ratio of 23.2, above the S&P 500 P/E ratio of 17.7. Shares are down 9.9% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate CenturyLink a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates CenturyLink as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, reasonable valuation levels, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full CenturyLink Ratings Report now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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