Every day, the sun rises on Wall Street, and a plethora of professional analysts wake to issue new opinions on stocks. Here at the Fool, we use our "This Just In" column to examine some of these picks -- and the track record of the firm behind them -- so that you can make better investing decisions.
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Enough top-performing CAPS investors have turned bullish on Level 3 Communications
Level 3 holds an admirable customer list -- top U.S. telecoms Verizon
But judging Level 3 by where it stands today -- and not its past -- investors see new hope for growth. In its most recent quarter, the company posted a smaller loss than a year earlier as demand for Web-based video increased. That may have missed the mark, but revenue was stronger than expected, and the company reiterated its outlook for 2008.
The "no bad news is good news" mind-set took hold firmly with analysts and investors, and Level 3 stock has been showing strong momentum lately. With increased capabilities in delivering video content by working with Adobe
To see what the very best CAPS analysts are saying now about Level 3 -- as well as other winning stocks they are picking -- head over to CAPS and have a look. The community research and resources in CAPS are totally free, unlike analyst opinions reserved for paying clients.
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