Motorola Solutions Inc. (MSI): Today's Featured Telecommunications Winner
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 higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.2%. By the end of trading, Motorola Solutions rose $0.70 (1.2%) to $60.39 on heavy volume. Throughout the day, 7,278,373 shares of Motorola Solutions exchanged hands as compared to its average daily volume of 1,966,300 shares. The stock ranged in a price between $59.88-$60.76 after having opened the day at $59.93 as compared to the previous trading day's close of $59.69. Other companies within the Telecommunications industry that increased today were:
(
), up 21.2%,
(
), up 18.4%,
(
TheStreet Recommends
), up 12.5% and
(
), up 11.8%.
Motorola Solutions, Inc. provides mission critical communication infrastructure, devices, software, and services worldwide. It operates in two segments, Government and Enterprise. Motorola Solutions has a market cap of $15.5 billion and is part of the technology sector. Shares are up 4.7% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Motorola Solutions a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Motorola Solutions
as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Motorola Solutions Ratings Report.
On the negative front,
BlackBerry
(
BBRY
), down 17.1%,
(
), down 11.9%,
(
), down 7.6% and
eOn Communications Corporation
(
), down 7.5% , were all laggards within the telecommunications industry with
(
) being today's telecommunications industry laggard.
- 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
ProShares Ult Sht Telecommunication
(
).
- Find other investment ideas from our top rated ETFs lists.
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