Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model





) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.4%. By the end of trading, Clearwire rose 2 cents (1.1%) to $2.22 on light volume. Throughout the day, 6.5 million shares of Clearwire exchanged hands as compared to its average daily volume of 19.8 million shares. The stock ranged in a price between $2.19-$2.24 after having opened the day at $2.20 as compared to the previous trading day's close of $2.20. Other companies within the Telecommunications industry that increased today were:

WPCS International



), up 9.6%,

Novatel Wireless



), up 7.4%,

Ceragon Networks



), up 7.2%, and

Phazar Corporation



), up 7.1%.

  • 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.

Clearwire Corporation, through its subsidiaries, provides fourth generation wireless broadband services in the United States. The company builds and operates mobile broadband networks that offer high-speed mobile Internet and residential Internet access services. Clearwire has a market cap of $1.53 billion and is part of the technology sector. The company has a P/E ratio of -1.4, below the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Monday. Currently there are four analysts that rate Clearwire a buy, one analyst rates it a sell, and nine rate it a hold.

TheStreet Ratings rates Clearwire as a


. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins and generally high debt management risk.

On the negative front,

Research in Motion



), down 10.5%,

MER Telemanagement Solutions



), down 7.7%,

Nexxus Lighting



), down 7.5%, and

Zhone Technologies



), down 6.3%, were all laggards within the telecommunications industry with

Mobile Telesystems OJSC



) being today's telecommunications industry laggard.

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



) while those bearish on the telecommunications industry could consider

ProShares Ult Sht Telecommunication




FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!