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 Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 1.0%. By the end of trading, Crown Castle International fell $1.01 (-1.4%) to $71.99 on average volume. Throughout the day, 2,933,189 shares of Crown Castle International exchanged hands as compared to its average daily volume of 2,959,600 shares. The stock ranged in price between $71.80-$73.03 after having opened the day at $72.92 as compared to the previous trading day's close of $73.00. Other companies within the Telecommunications industry that declined today were:
), down 37.2%,
), down 12.3%,
), down 10.1% and
), down 8.9%.
- 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
Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. Crown Castle International has a market cap of $24.1 billion and is part of the technology sector. The company has a P/E ratio of 225.6, above the S&P 500 P/E ratio of 17.7. Shares are up 1.2% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Crown Castle International a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Crown Castle International
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and premium valuation.
- You can view the full Crown Castle International Ratings Report.
On the positive front,
), up 16.6%,
), up 11.7%,
), up 10.5% and
), up 7.6% , 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.