Crown Castle International Corp (CCI): Today's Featured Technology Laggard
(
) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day down 0.1%. By the end of trading, Crown Castle International fell $1.01 (-1.3%) to $76.35 on average volume. Throughout the day, 1,937,121 shares of Crown Castle International exchanged hands as compared to its average daily volume of 2,409,500 shares. The stock ranged in price between $75.90-$77.37 after having opened the day at $77.27 as compared to the previous trading day's close of $77.36. Other companies within the Technology sector that declined today were:
(
), down 30.0%,
(
), down 25.0%,
(
), down 8.9% and
(
), down 8.7%.
Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. Crown Castle International has a market cap of $22.7 billion and is part of the telecommunications industry. Shares are up 7.1% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Crown Castle International a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Crown Castle International
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.
- You can view the full Crown Castle International Ratings Report.
On the positive front,
(
), up 19.3%,
(
), up 19.0%,
(
), up 15.1% and
(
), up 13.8% , were all gainers within the technology sector with
(
) being today's featured technology sector leader.
- Use our technology section to find sector-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 technology sector could consider
(
) while those bearish on the technology sector could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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