Nippon Telegraph And Telephone Corporation (NTT): Today's Featured Telecommunications Winner

The telecommunications industry closed the day down 4.3%. Orckit Communications (ORCT), Vicon Industries Inc (VII), Ambient Corporation (AMBT), and Ambient Corporation (ABTGD) were all winners today within the telecommunications industry with Nippon Telegraph and Telephone Corporation (NTT) being today's featured telecommunications winner. Nippon Telegraph and Telephone Corporation rose 21 cents (0.9%) to $24.16 on heavy volume. Throughout the day, 720,119 shares of Nippon Telegraph and Telephone Corporation exchanged hands as compared to its average daily volume of 457,800 shares.

Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides telecommunications services to residential and business customers in Japan. Nippon Telegraph and Telephone Corporation has a market cap of $69.7 billion and is part of the technology sector. The company has a P/E ratio of 11.7, above the average telecommunications industry P/E ratio of 10.5 and below the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Friday.

TheStreet Ratings rates Nippon Telegraph and Telephone as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

• You can view the full Nippon Telegraph and Telephone Ratings Report.

On the negative front, AudioCodes (AUDC), Zhone Technologies Inc (ZHNE), UniTek Global Services Inc (UNTK), and Leap Wireless International Inc (LEAP) were all losers within the telecommunications industry with Sprint Nextel (S) being today's telecommunications industry Loser Spotlight stock.

• Use our telecommunications section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom (IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication (TLL).

• Find other investment ideas from our top rated ETFs lists.

For more information on Nippon Telegraph & Telephone Corp click any of the following:

• Nippon Telegraph & Telephone Corp Stock Price

• Nippon Telegraph & Telephone Corp Analyst Ratings

• Nippon Telegraph & Telephone Corp Key Stats & Profile

• Nippon Telegraph & Telephone Corp Earnings

• Nippon Telegraph & Telephone Corp Ratio Comparison

• Nippon Telegraph & Telephone Corp Growth Rates

• Nippon Telegraph & Telephone Corp Balance Sheet

• Nippon Telegraph & Telephone Corp Cash Flow

• Nippon Telegraph & Telephone Corp Income Statement