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One of last week's losers was communication services company CenturyLink (CTL) after the company's fourth quarter earnings report. While results were mostly in line with expectations, investors didn't seem think guidance for this year showed enough progress. However, with the company continuing to dramatically improve its balance sheet and debt situation, I believe this drop provides another opportunity for investors to lock in some nice annual income.
Ever since I first covered this name last August, my primary focus has been on the company improving its financial flexibility for the future. Since