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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

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Equinix

(

EQIX

) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.3%. By the end of trading, Equinix rose $2.63 (1.4%) to $196.14 on average volume. Throughout the day, 1.2 million shares of Equinix exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $193.46-$197.83 after having opened the day at $194 as compared to the previous trading day's close of $193.51. Other companies within the Telecommunications industry that increased today were:

Nexxus Lighting

(

NEXS

), up 8.8%,

Neonode

(

NEON

), up 7.8%,

Portugal Telecom

(

TheStreet Recommends

PT

), up 7.4%, and

Towerstream Corporation

(

TWER

), up 5.5%.

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Equinix, Inc. provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle-East, Africa, and the Asia-Pacific. Equinix has a market cap of $8.7 billion and is part of the

technology

sector. The company has a P/E ratio of 97.4, above the average telecommunications industry P/E ratio of 90.7 and above the S&P 500 P/E ratio of 17.7. Shares are up 90.8% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate Equinix a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Equinix as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, robust revenue growth, good cash flow from operations 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.

On the negative front,

MER Telemanagement Solutions

(

MTSL

), down 15.1%,

RIT Technologies

(

RITT

), down 10.9%,

Phazar Corporation

(

ANTP

), down 5.9%, and

Otelco

(

OTT

), down 5.6%, were all laggards within the telecommunications industry with

Sprint Nextel

(

S

) 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

(

IYZ

) while those bearish on the telecommunications industry could consider

ProShares Ult Sht Telecommunication

(

TLL

).

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