Lumen Technologies is shifting from a telecom company to an AI infrastructure provider, facing challenges due to heavy debt. The company doesn’t anticipate revenue growth until 2028. Despite recent success, caution is advised before investing in Lumen. Deals with Microsoft and Alphabet position Lumen as a major networking provider. However, Lumen faces financial struggles with over $17.5 billion in debt, leading to losses and high interest payments. Investors should wait for profitability before considering Lumen stock. The Motley Fool doesn’t recommend Lumen as one of the top 10 stocks to buy now. Consider other options for potential returns.
Read more at Nasdaq: Don’t Buy Lumen Technologies Stock Until Reality Backs Up the Hype
