Better Buy: CenturyLink vs. AT&T
CenturyLink (NYSE: CTL) and AT&T (NYSE: T) have a few things in common. They are both major telcos with chunky dividends that are sustainable in the near term. Neither company is gun-shy about making big-ticket acquisitions to move the needle. They are both also meandering when it comes to organic growth, making the beefy quarterly distributions that much more important as investors ride out the lulls.
The similarities pretty much end there, making this an interesting battle to see which one will outperform the other in the year ahead. AT&T is clawing its way higher, hitting fresh 52-week highs earlier this month. CenturyLink is in a funk, having shed nearly 40% of its value over the past year. Is AT&T the right choice as a rising activist-fueled turnaround play, or is CenturyLink the better buy as a depressed investment waiting for its big break? Let's size them both up to see which one comes out on top.
Image source: AT&T.
Source Fool.com
