Hang Up on CenturyLink

CenturyLink has rallied 17%, even though the company cut its dividend. Portfolio Manager David Peltier says to not chase the shares.
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David Peltier is a research associate at TheStreet. In keeping with company editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Peltier appreciates your feedback;

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