This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Telefonica Brasil S.A. (VIV): Today's Featured Technology Winner

Telefonica Brasil S.A ( VIV) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 1.3%. By the end of trading, Telefonica Brasil S.A rose 14 cents (0.6%) to $25.26 on average volume. Throughout the day, 2.2 million shares of Telefonica Brasil S.A exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $25.12-$25.76 after having opened the day at $25.44 as compared to the previous trading day's close of $25.12. Other companies within the Technology sector that increased today were: City Telecom ( CTEL), up 13.2%, Dialogic ( DLGC), up 12.3%, SMART Technologies ( SMT), up 9.9%, and Enova Systems ( ENA), up 9.7%.

Telefonica Brasil, S.A. provides fixed-line telecommunications services to residential and commercial customers in the state of Sao Paulo, Brazil. Telefonica Brasil S.A has a market cap of $28.38 billion and is part of the telecommunications industry. The company has a P/E ratio of 6.5, below the average telecommunications industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7. Shares are down 8% year to date as of the close of trading on Monday. Currently there are six analysts that rate Telefonica Brasil S.A a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Telefonica Brasil S.A as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and a generally disappointing performance in the stock itself.

On the negative front, Mattson Technology ( MTSN), down 32.3%, Quantum Corporation ( QTM), down 27.6%, Kingtone Wirelessinfo Solution ( KONE), down 20.1%, and Tegal Corporation ( TGAL), down 15.6%, were all losers within the technology sector with Taiwan Semiconductor Manufacturing ( TSM) being today's technology sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs