NYSE:LUMNTelecom
Lumen Technologies (LUMN): Revisiting Valuation After Jim Cramer’s Caution on an Overstretched Rally
CNBC’s Jim Cramer just poured some cold water on Lumen Technologies (LUMN), arguing the stock has run too far too fast and that caution is warranted as investors weigh its still fragile turnaround.
See our latest analysis for Lumen Technologies.
The pullback that followed Cramer’s comments comes after a powerful run, with Lumen’s 90 day share price return of roughly 34% and year to date share price return near 39% signaling that momentum has been building. At the same time, the 1 year total...