The

telecommunications

industry closed the day down 1.9%.

Nexxus Lighting Inc

(

NEXS

),

CalAmp Corporation

(

CAMP

),

RELM Wireless Corporation

(

RWC

), and

TeleCommunication Systems Inc

(

TSYS

) were all winners today within the telecommunications industry with

American Tower

(

AMT

) being today's featured telecommunications winner. American Tower rose 30 cents (0.6%) to $53.88 on average volume. Throughout the day, 4.5 million shares of American Tower exchanged hands as compared to its average daily volume of 3.3 million shares.

American Tower Corporation, through its subsidiaries, operates as a wireless and broadcast communications infrastructure company. It develops, owns, and operates communications sites. The company operates in two segments, Rental and Management, and Network Development Services. American Tower has a market cap of $21.4 billion and is part of the

technology

sector. The company has a P/E ratio of 56.2, equal to the average telecommunications industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 3.8% year to date as of the close of trading on Thursday.

TheStreet Ratings rates American Tower as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front,

TheStreet Recommends

Telestone Technologies Corporation

(

TSTC

),

Mitel Networks Corporation

(

MITL

),

Phazar Corporation

(

ANTP

), and

Trunkbow International Holdings

(

TBOW

) were all losers within the telecommunications industry with

Crown Castle International

(

CCI

) being today's telecommunications industry Loser Spotlight stock.

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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