Stocks to watch on Wednesday: CenturyLink (CTL) - stock continues to be hit from the 1-2 punch of a dividend cut and a 10-K delay due to questions on Level 3 internal controls. The stock is at new lows due to several analysts cutting price targets despite CenturyLink confirming that no material financial impact exists. The stock now has a $13 billion market cap with forecasts for annual cash flows in the $3.2B range. CenturyLink is ridiculously cheap. Ambarella (AMBA) - the computer vision chip stock is up on more hype. The company reported horrendous FQ4 results and guided down to a potential loss in FQ1. The company has still failed to make the case as to why auto manufacturers will shift AV business to them and away from deals with existing suppliers like MobilEye. At a market cap of $1.3 billion, the stock isn't likely to go much lower despite the weak numbers, but Ambarella doesn't appear to have much upside has a substantial profit machine is headed towards a money losing operations. GreenSky (GSKY) - the fintech should keep running trading at about half their growth rate. The market has generally left this sector for dead due to mixed results from growing pains. Disclosure: Long CTL