Level 3 Communications (LVLT) Reports Solid 4Q'14 Results

Level 3 Communications (LVLT) has been one of the few GDT::Portfolio stocks making new 52-week highs. Another 52-week high was hit today (02015.02.04) after the company reported solid 4Q'14 results. I liked the following from the press release.

"Free Cash Flow was $325 million for the full year 2014, compared to negative $47 million for the full year 2013. [...] Additionally, we expect to generate Free Cash Flow of $550-$600 million for the full year 2015."

LVLT closed yesterday (02015.02.03) at $51.39. Shortly after the market opened today it spiked to a new 52-week high of $53.65.