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
) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole was unchanged today. By the end of trading, Research in Motion rose 19 cents (2.5%) to $7.71 on light volume. Throughout the day, 10.8 million shares of Research in Motion exchanged hands as compared to its average daily volume of 22.3 million shares. The stock ranged in a price between $7.53-$7.77 after having opened the day at $7.64 as compared to the previous trading day's close of $7.52. Other companies within the Telecommunications industry that increased today were:
), up 13.2%,
), up 9.9%,
), up 7.7%, and
), up 7.1%.
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Research In Motion Limited designs, manufactures, and markets wireless solutions for the mobile communications market worldwide. Research in Motion has a market cap of $3.94 billion and is part of the technology sector. Shares are down 47.4% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate Research in Motion a buy, 13 analysts rate it a sell, and 18 rate it a hold.
TheStreet Ratings rates Research in Motion as a
. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself.
- You can view the full Research in Motion Ratings Report.
On the negative front,
), down 10%,
), down 7.7%,
), down 7.2%, and
), down 6.6%, 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
- Find other investment ideas from our top rated ETFs lists.
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