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One of the most annoying parts of the stock market is that investors can run with what ever metric they chose and extrapolate too far. In a lot of cases with CenturyLink (CTL), the market tends to obsess a lot on the wrong numbers. Shareholders need not lose faith when the business plan remains on track and my bullish investment thesis remains intact and the new dividend yield extremely solid.
Image Source: CenturyLink website
Profitable Growth
Since Jeff Storey took over the CEO position, his single mantra has been a focus on profitable