America Movil S.A.B. De C.V. (AMX): Today's Featured Telecommunications Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.2%. By the end of trading, America Movil S.A.B. de C.V rose $0.32 (1.6%) to $20.98 on average volume. Throughout the day, 8,425,569 shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 6,744,000 shares. The stock ranged in a price between $20.44-$21.26 after having opened the day at $20.68 as compared to the previous trading day's close of $20.66. Other companies within the Telecommunications industry that increased today were:
(
), up 11.7%,
(
), up 8.0%,
(
), up 7.9% and
(
), up 6.1%.
America Movil, S.A.B. de C.V. provides telecommunications services in the United States, Latin America, and the Caribbean. It offers mobile and fixed voice services, including airtime, local, long-distance services, public telephony services, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $78.9 billion and is part of the technology sector. Shares are down 10.7% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates America Movil S.A.B. de C.V as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself.
- You can view the full America Movil S.A.B. de C.V Ratings Report.
On the negative front,
(
), down 27.3%,
(
), down 11.8%,
(
), down 11.7% and
(
), down 11.2% , were all laggards within the telecommunications industry with
(
) being today's telecommunications industry laggard.
- 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
(
) while those bearish on the telecommunications industry could consider
ProShares Ult Sht Telecommunication
(
).
- Find other investment ideas from our top rated ETFs lists.
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