The telecommunications industry closed the day up 0.2%. Clearwire ( CLWR), Zoom Technologies Inc ( ZOOM), RF Monolithics ( RFMI), and Telestone Technologies Corporation ( TSTC) were all winners today within the telecommunications industry with Qualcomm Inc ( QCOM) being today's featured telecommunications winner. Qualcomm Inc rose $1.27 (2.4%) to $53.31 on light volume. Throughout the day, 12.3 million shares of Qualcomm Inc exchanged hands as compared to its average daily volume of 18 million shares.

QUALCOMM Incorporated engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services. Qualcomm Inc has a market cap of $86.6 billion and is part of the technology sector. The company has a P/E ratio of 20.7, below the average telecommunications industry P/E ratio of 21.2 and above the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Qualcomm as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Qiao Xing Communication ( QXM), Trunkbow International Holdings ( TBOW), Ditech Networks Incorporated ( DITC), and KVH Industries Inc ( KVHI) were all losers within the telecommunications industry with China Unicom (Hong Kong ( CHU) being today's telecommunications industry Loser Spotlight stock.

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).