Level 3 Communications is a facility based provider of a range of integrated communications services. Co. provides a range of communications services, which are: Core Network Services, which includes transport services, infrastructure services, data services, and local and enterprise voice services; Wholesale Voice Services, which includes voice over Internet Protocol local service, SIP Trunking, Primary Rate Interface service, long distance service and toll free service; and Other Communications Services, which includes managed modem and SBC Contract Services. Co. provides communications services to a range of wholesale and enterprise customers.
Technology stocks have come back into favor as the Nasdaq posts new 12-year highs. Solid companies that were largely left behind in the broader market's bull run are now attractive investment opportunities with positive reward-to-risk ratios.
One tech stock that has yet to participate in the sector's rally is Level 3 Communications (NYSE: LVLT). While the Nasdaq has posted 16% gains year to date, LVLT is down about 2%.
Nothing in ETF Channel is intended to be investment advice, nor does it represent the opinion of, counsel
from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you
agree to the following Full Disclaimer & Terms of Service. Video widget and ETF videos powered by Market News Video. Quote data delayed at least 20
minutes; ETF data powered by Ticker Technologies, and Mergent. Contact ETF Channel; Meet Our Editorial Staff.