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Alcatel-Lucent provides communications products and services to consumers and businesses around the world. The stock has suffered over the last few years, however, it may be forming a value base at these prices.
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Alcatel-Lucent has performed poorly over the past year. Is this trend likely to continue?
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Alcatel-Lucent is part of a sector that will continue to see demand for many years. The stock has been in a consistent downtrend since highs were established in 2001 on decreasing earnings and revenue growth. Relative to its peers and sector, the stock has been one of the relative underperformers.
Today's top headlines for telecom stocks...
Many business leaders were more pessimistic...
Alcatel-Lucent has only offered false hope to investors over the past few years. Will that trend continue?