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This High-Yield Stock Is Still Treading Water

TheMotleyFool

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This High-Yield Stock Is Still Treading Water

With a yield of more than 7%, Lumen Technologies (NYSE: LUMN) is a popular stock among investors looking to generate reliable income. Thanks to its bargain valuation and a multiyear campaign to pay down debt (and reduce interest expense), Lumen stock also holds significant capital-appreciation potential.

However, Lumen's revenue has been falling slowly but steadily for years, and that trend continued last quarter. Until Lumen proves to investors that it will be able to stabilize its revenue -- or better yet, return to growth -- the stock will likely struggle to break out.