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Nokia Oyj



) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.2%. By the end of trading, Nokia Oyj rose 24 cents (11.1%) to $2.41 on heavy volume. Throughout the day, 92.1 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 39.1 million shares. The stock ranged in a price between $2.24-$2.41 after having opened the day at $2.29 as compared to the previous trading day's close of $2.17. Other companies within the Telecommunications industry that increased today were:

Blonder Tongue Laboratories



), up 22.5%,

MERU Networks



), up 12.1%,

Nexxus Lighting



), up 11.1%, and




), up 10.7%.

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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 $7.83 billion and is part of the


sector. Shares are down 55% year to date as of the close of trading on Monday. Currently there are two analysts that rate Nokia Oyj a buy, seven analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Nokia Oyj as a


. 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 negative front,

USA Mobility



), down 17.7%,

TeleCommunication Systems



), down 10.1%,




), down 9%, and

Leap Wireless International



), down 7.3%, were all laggards within the telecommunications industry with

Tim Holding Company



) 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



) while those bearish on the telecommunications industry could consider

ProShares Ult Sht Telecommunication