Jerry Ong
2023-04-25

My thoughts 💭

Why I believe that $Lumen Technologies(LUMN)$  is a good buy now for several reasons.

Firstly, I believe that $Lumen Technologies(LUMN)$  is undervalued at the moment. The company has recently undergone a change in management, with Kate Johnson, a former executive at $Microsoft(MSFT)$  and General Electric, taking over as CEO. Johnson has made it clear that she intends to reform the corporate culture at Lumen and kick-start its engines of innovation and growth. With her experience and expertise, I believe that Johnson has the potential to turn Lumen around and lead it to a brighter future.

Secondly, I believe that Lumen Technologies offers an attractive dividend yield. The company has a long history of paying dividends, and the current yield is quite high compared to the current share price. In fact, according to recent data, the dividend yield can go as high as 32.26%. This is a significant return on investment, Investors who are looking for a stable income stream may find Lumen Technologies' dividend yield quite attractive.

Finally, I believe that the current share price of Lumen Technologies is historically low. This makes it an excellent opportunity for investors to buy into the company at a discount. If Johnson's reforms are successful, there is a good chance that the share price will rebound in the future, leading to potential capital gains for investors.

Of course, it is important to note that investing in the stock market always carries some degree of risk. Lumen Technologies is no exception, plus it recently facing Class Action Lawsuit has commenced and there is no guarantee that the company will be able to successfully turn itself around under Johnson's leadership. There is also the risk of general market volatility and unforeseen events that could impact the company's performance.

Overall, however, I believe that Lumen Technologies is a good buy now for investors who are willing to take on some risk in exchange for the potential for high dividends and capital gains. With Johnson at the helm and the company's history of paying dividends, I believe that Lumen Technologies has the potential to be a profitable investment in the long term.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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