Is Alcatel-Lucent Destined for $0?
Alcatel-Lucent is in a touchy place. With a very meaningful 30% of the company's sales coming from continental Europe, some investors suspect they're in for a rough ride. Yet while the wider corporate and government IT spending climate certainly doesn't appear cheery going forward, investors have seen some potential green shoots this earnings season. Alcatel certainly is a divisive subject among investors in this space. Priced absurdly cheaply, the company could have the makings of investing gold for those bold enough. However, the stock has its fair share of enemies as well -- analysts outright hate it. In fact, some analysts have completely given up on the company, hanging a $0 price tag on it. To figure out whether Alcatel deserves such hate, our technology editor weighed in with his opinion on the matter.
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The article Is Alcatel-Lucent Destined for $0? originally appeared on Fool.com.Andrew Tonner, Austin Smith, and The Motley Fool have no positions in the stocks mentioned above. You can follow Andrew and all his writing on Twitter at @Andrew Tonner. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.