Qualcomm Inc. (QCOM): Today's Featured Telecommunications Loser

Qualcomm (QCOM) pushed the Telecommunications industry lower today making it today's featured Telecommunications loser. The industry as a whole was unchanged today. By the end of trading, Qualcomm fell 99 cents (-1.7%) to $57.15 on average volume. Throughout the day, 13.4 million shares of Qualcomm exchanged hands as compared to its average daily volume of 13.3 million shares. The stock ranged in price between $56.65-$58.68 after having opened the day at $58.41 as compared to the previous trading day's close of $58.14. Other company's within the Telecommunications industry that declined today were: MER Telemanagement Solutions (MTSL), down 9%, Maxcom Telecomunicaciones S.A.B. de C.V (MXT), down 6.3%, eOn Communications Corporation (EONC), down 5.9%, and Netgear (NTGR), down 5.8%.

QUALCOMM Incorporated designs, develops, manufactures, and markets digital telecommunications products and services. Qualcomm has a market cap of $99.31 billion and is part of the technology sector. The company has a P/E ratio of 20.3, above the average telecommunications industry P/E ratio of 17.4 and above the S&P 500 P/E ratio of 17.7. Shares are up 6.3% year to date as of the close of trading on Wednesday. Currently there are 31 analysts that rate Qualcomm a buy, one analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Qualcomm as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

• You can view the full Qualcomm Ratings Report.

On the positive front, Motricity (MOTR), up 17.8%, Ambient Corporation (AMBT), up 11.1%, Towerstream Corporation (TWER), up 9.3%, and Internet Gold Golden Lines (IGLD), up 9%, were all gainers within the telecommunications industry with American Tower (AMT) being today's featured telecommunications industry winner.

• 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 Qualcomm Inc. click any of the following:

• Qualcomm Inc. Stock Price

• Qualcomm Inc. Analyst Ratings

• Qualcomm Inc. Key Stats & Profile

• Qualcomm Inc. Earnings

• Qualcomm Inc. Ratio Comparison

• Qualcomm Inc. Growth Rates

• Qualcomm Inc. Balance Sheet

• Qualcomm Inc. Cash Flow

• Qualcomm Inc. Income Statement