Lumen: A Contrarian Investment Case

Dec. 04, 2022 7:28 AM ETLumen Technologies, Inc. (LUMN)99 Comments
Milkweed profile picture


  • Lumen is legacy copper wire telco trying to adapt to a fiber optic world.
  • Revenues have been declining for years, the dividend was just eliminated, and the stock has cratered.
  • And yet I think Lumen is a huge bargain.

Cable drums for laying internet fiber optic cables in residential areas

deepblue4you/iStock via Getty Images

I think the best way for me to start this article is with a little bit of personal background. I have no formal financial training; however, over the years I've learned enough to have a clue about how

This article was written by

Milkweed profile picture
I'm a self employed architect and self taught fundamental investor. You can also catch me on TMF CAPS competition player "MKArch".

Disclosure: I/we have a beneficial long position in the shares of LUMN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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