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Sprint Nextel



) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.5%. By the end of trading, Sprint Nextel rose 9 cents (3.6%) to $2.62 on average volume. Throughout the day, 62.4 million shares of Sprint Nextel exchanged hands as compared to its average daily volume of 49.5 million shares. The stock ranged in a price between $2.52-$2.65 after having opened the day at $2.52 as compared to the previous trading day's close of $2.53. Other companies within the Telecommunications industry that increased today were:

Ambient Corporation



), up 15%,

Parametric Sound



), up 9%,




), up 8.9%, and

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TheStreet Recommends

RIT Technologies



), up 8.3%.

Sprint Nextel Corporation, together with its subsidiaries, offers a range of wireless and wireline communications products and services to individual consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the United States Virgin Islands. Sprint Nextel has a market cap of $7.23 billion and is part of the


sector. Shares are up 8.1% year to date as of the close of trading on Thursday. Currently there are six analysts that rate Sprint Nextel a buy, four analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Sprint Nextel as a


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

On the negative front,




), down 16.3%,

Vicon Industries



), down 11%,

Ditech Networks Corporation



), down 9%, and

Internet Gold Golden Lines



), down 6.6%, were all losers within the telecommunications industry with

P.T. Telekomunikasi Indonesia Tbk



) 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



) while those bearish on the telecommunications industry could consider

ProShares Ult Sht Telecommunication