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

.

Nokia Oyj

(

NOK

) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Nokia Oyj fell 13 cents (-4.3%) to $2.90 on heavy volume. Throughout the day, 95.1 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 46.7 million shares. The stock ranged in price between $2.78-$2.96 after having opened the day at $2.93 as compared to the previous trading day's close of $3.03. Other companies within the Telecommunications industry that declined today were:

Nexxus Lighting

(

NEXS

), down 11.4%,

Otelco

(

OTT

), down 5.9%,

MERU Networks

(

MERU

), down 5.7%, and

Phazar Corporation

(

ANTP

), down 5.3%.

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Nokia Corporation provides telecommunications infrastructure hardware, software, and services worldwide. The company offers smart phones and smart devices; and feature phones, and related services and applications. Nokia Oyj has a market cap of $12.06 billion and is part of the

technology

sector. Shares are down 37.1% year to date as of the close of trading on Tuesday. Currently there are two analysts that rate Nokia Oyj a buy, seven analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Nokia Oyj as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

On the positive front,

Powerwave Technologies

(

PWAV

), up 23.1%,

Acme Packet

(

APKT

), up 10.4%,

Globalstar Incorporated

(

GSAT

), up 6.9%, and

Ubiquiti Networks

(

UBNT

), up 6%, were all gainers within the telecommunications industry with

Motorola Solutions

(

MSI

) being today's featured telecommunications industry leader.

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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