AdtranInc

(

ADTN

) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 2.3%. By the end of trading, AdtranInc rose 17 cents (0.5%) to $33.60 on average volume. Throughout the day, 960,297 shares of AdtranInc exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $32.69-$33.88 after having opened the day at $32.92 as compared to the previous trading day's close of $33.43. Other companies within the Telecommunications industry that increased today were:

DragonWave Inc

(

DRWI

), up 12.4%,

MER Telemanagement Solutions

(

MTSL

), up 9.1%,

Sky-mobi

(

MOBI

), up 8.4%, and

DRI Corporation

(

TBUS

), up 6.3%.

ADTRAN, Inc. designs, manufactures, markets, and services network access solutions that enable voice, data, video, and Internet communications across wireline and wireless networks worldwide. AdtranInc has a market cap of $2 billion and is part of the

technology

sector. The company has a P/E ratio of 14.4, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 7.3% year to date as of the close of trading on Friday.

TheStreet Ratings rates AdtranInc 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, notable return on equity, increase in stock price during the past year and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front,

IDT Corporation B

(

IDT

), down 44.9%,

Internet Gold Golden Lines

(

IGLD

), down 9.9%,

Nexxus Lighting Inc

(

NEXS

), down 9.1%, and

Pendrell

(

PCO

), down 8.5%, were all losers within the telecommunications industry with

CenturyLink Inc

(

CTL

) being today's telecommunications industry loser.

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

).

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