Up More Than 540% in Just 3 Months, Can Lumen Technologies Stock Still Go Higher?

One stock that looked like it was dead in the water last year was Lumen Technologies (NYSE: LUMN). The telecom company had a lot of debt, suspended its dividend, its financials looked awful, and the stock had been in free fall. It looked like an incredibly risky investment to own.Although those problems remain, as with anything these days, artificial intelligence (AI) and any related news can prove to be transformative for a stock -- even a risky one. AI can open up new opportunities for a business and lead to greater sales and profit potential in the future. And news of some promising deals for Lumen on that front has indeed made the stock an incredibly hot buy this year.However, with shares of Lumen up more than 540% in just the past three months, has the telecom stock risen by too much too quickly, or could it still be headed for an even greater rally in the months ahead?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool