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 Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.5%. By the end of trading, AT&T rose $0.35 (1.0%) to $34.96 on average volume. Throughout the day, 29,773,862 shares of AT&T exchanged hands as compared to its average daily volume of 30,383,900 shares. The stock ranged in a price between $34.60-$35.03 after having opened the day at $34.66 as compared to the previous trading day's close of $34.61. Other companies within the Technology sector that increased today were:
), up 20.1%,
), up 11.9%,
), up 10.1% and
), up 6.8%.
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AT&T Inc. provides telecommunications services to consumers and businesses in the United States and internationally. AT&T has a market cap of $180.8 billion and is part of the telecommunications industry. Shares are down 1.6% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate AT&T a buy, 1 analyst rates it a sell, and 16 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full AT&T Ratings Report.
On the negative front,
), down 15.1%,
), down 11.6%,
), down 11.3% and
), down 10.8% , were all laggards within the technology sector with
) being today's technology sector laggard.
- 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
- Find other investment ideas from our top rated ETFs lists.