Alcatel-Lucent is down around 4% today thanks a downgrade from UBS. The downgrade was driven by a number of factors, including:

  • Soft-fix wireline spending in Europe,
  • slowing growth in China, and
  • possible asset sales to service debt.

These weaknesses have driven the stock down 62% over the last 12 months, and its still down around 32% year to date.

In the video below, Fool.com analyst Andrew Tonner provides the full story, including additional reasons for the widespread bearishness on this stock.

If you're looking for a winner in tech, consider that the amount of data we store every year is growing by a mind-boggling 60% annually! To profit from this trend and single out the best company in the space, The Motley Fool has compiled a new report called "The Only Stock You Need To Profit From the NEW Technology Revolution." The report highlights a company that has gained 300% since its first recommendation by Fool analysts, and it still has plenty of room left to run. Thousands have requested access to this special report, and now we're providing it at no cost. For instant access to the name of the company transforming the IT industry, click here now -- it's free!

Andrew Tonner has no positions in the stocks mentioned above. Follow Andrew and all his writing on Twitter: @AndrewTonnerThe Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.