Windstream reported mixed Q4 results, but the stock rallied as cash flows continue to cover the large dividend.
The telecom provider made several capital return moves suggestive of an oversold stock.
Ultimately, the stock offers a limited margin of safety with the current balance sheet.
In my last article, I highlighted how Windstream Holdings (NASDAQ:WIN) offered a large dividend backed up by solid free cash flow. The biggest concern with buying the stock was whether the market could handle the mounting losses reported by the telecom provider.