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 0.7%. By the end of trading, JDS Uniphase Corp (CA fell $0.20 (-1.6%) to $12.67 on average volume. Throughout the day, 5,418,368 shares of JDS Uniphase Corp (CA exchanged hands as compared to its average daily volume of 3,704,200 shares. The stock ranged in price between $12.58-$12.86 after having opened the day at $12.83 as compared to the previous trading day's close of $12.87. Other companies within the Telecommunications industry that declined today were:
), down 29.5%,
), down 12.7%,
), down 5.4% and
), down 4.8%.
- 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
JDS Uniphase Corporation provides communications test and measurement solutions, and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers, and enterprises worldwide. JDS Uniphase Corp (CA has a market cap of $2.9 billion and is part of the technology sector. The company has a P/E ratio of 46.8, above the S&P 500 P/E ratio of 17.7. Shares are down 1.7% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate JDS Uniphase Corp (CA a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
JDS Uniphase Corp (CA
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including relatively poor performance when compared with the S&P 500 during the past year and weak operating cash flow.
- You can view the full JDS Uniphase Corp (CA Ratings Report.
On the positive front,
), up 16.7%,
), up 8.3%,
), up 8.2% and
), up 7.9% , 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.