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UNIT - Uniti Group: 17% Yield Bonds Offer A Better Play Than The Stock
Uniti Group Inc.
2024-07-08 12:10:13 ET
Summary
We had rated Uniti Group Inc. as a Sell in December 2023 and May 2024.
We go over why we are now upgrading this to a Hold.
We tell you why a bounce is very probable and why bullish investors should still look at the bonds for returns.
In December 2023, we downgraded Uniti Group Inc. ( UNIT ) to a Sell as the firm was flying high once again on hopes of a business revival. We then reiterated a "Sell" rating on the stock as the news of the "auspicious" merger with Windstream hit the wires....