Research in Motion

(

RIMM

) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.9%. By the end of trading, Research in Motion rose 89 cents (5.4%) to $17.37 on average volume. Throughout the day, 25.6 million shares of Research in Motion exchanged hands as compared to its average daily volume of 23.3 million shares. The stock ranged in a price between $17.01-$17.92 after having opened the day at $17.04 as compared to the previous trading day's close of $16.48. Other companies within the Telecommunications industry that increased today were:

Powerwave Technologies Inc

(

PWAV

), up 204.5%,

Phazar Corporation

(

ANTP

), up 9.7%,

magicJack VocalTec

(

CALL

), up 9.1%, and

Orckit Communications

(

ORCT

), up 8.3%.

Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. Research in Motion has a market cap of $8.33 billion and is part of the

technology

sector. The company has a P/E ratio of 2.9, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 71.6% year to date as of the close of trading on Monday.

TheStreet Ratings rates Research in Motion as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself.

On the negative front,

Dialogic Inc

(

DLGC

), down 12.7%,

eOn Communications Corporation

(

EONC

), down 10.4%,

Zoom Technologies Inc

(

ZOOM

), down 10.1%, and

FiberTower Corporation

(

FTWR

), down 8.8%, were all losers within the telecommunications industry with

Nokia Oyj

(

NOK

) being today's telecommunications industry loser.

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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