) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day down 0.1%. By the end of trading, BCE fell $1.48 (-3.6%) to $39.76 on heavy volume. Throughout the day, 4,253,045 shares of BCE exchanged hands as compared to its average daily volume of 730,100 shares. The stock ranged in price between $38.72-$41.38 after having opened the day at $41.38 as compared to the previous trading day's close of $41.24. Other companies within the Telecommunications industry that declined today were:
), down 10.4%,
), down 8.9%,
), down 8.0% and
), down 7.5%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
BCE Inc. provides communications solutions to residential, business, and wholesale customers primarily in Canada. BCE has a market cap of $31.8 billion and is part of the technology sector. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 17.7. Shares are down 4.0% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate BCE a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full BCE Ratings Report.
On the positive front,
), up 13.6%,
), up 7.1%,
), up 6.1% and
), up 5.8% , were all gainers within the telecommunications industry with
) being today's featured telecommunications industry leader.
- Use our telecommunications section to find industry-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 telecommunications industry could consider
) while those bearish on the telecommunications industry could consider
- Find other investment ideas from our top rated ETFs lists.