AT&T Inc

(

T

) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 3.8%. By the end of trading, AT&T Inc rose 92 cents (3.3%) to $28.98 on average volume. Throughout the day, 32.3 million shares of AT&T Inc exchanged hands as compared to its average daily volume of 29.3 million shares. The stock ranged in a price between $28.56-$28.98 after having opened the day at $28.57 as compared to the previous trading day's close of $28.06. Other companies within the Telecommunications industry that increased today were:

Dialogic Inc

(

DLGC

), up 21.4%,

SureWest Communications

(

SURW

), up 18.1%,

Zoom Technologies Inc

(

ZOOM

), up 18%, and

Leap Wireless International Inc

(

LEAP

), up 16.1%.

AT&T Inc., together with its subsidiaries, provides telecommunication services to consumers, businesses, and other service providers worldwide. AT&T Inc has a market cap of $165.63 billion and is part of the

technology

sector. The company has a P/E ratio of 14.1, below the average telecommunications industry P/E ratio of 14.3 and below the S&P 500 P/E ratio of 17.7. Shares are down 4.5% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates AT&T as a

buy

. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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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