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CenturyLink (CTL) in Focus: Stock Moves 6.4% Higher

Zacks Equity Research

CenturyLink, Inc. (CTL) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 9% in the past one-month time frame.

This wireless company has seen two negative estimates revision over the past 30 days while its Zacks Consensus Estimate has remained same over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

CenturyLink currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the industrial goods sector include Inteliquent, Inc. (IQNT), RF Micro Devices Inc. (RFMD) and Ruckus Wireless, Inc. (RKUS). While Inteliquent and RF Micro Devices hold a Zacks Rank #1 (Strong Buy), Ruckus Wireless carries a Zacks Rank #2 (Buy).

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CENTURYLINK INC (CTL): Free Stock Analysis Report

INTELIQUENT INC (IQNT): Free Stock Analysis Report

RF MICRO DEVICES INC (RFMD): Free Stock Analysis Report

RUCKUS WIRELESS INC (RKUS): Free Stock Analysis Report

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