Nippon Telegraph And Telephone Corporation (NTT): Today's Featured Telecommunications Winner

Nippon Telegraph and Telephone Corporation ( NTT) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 1.4%. By the end of trading, Nippon Telegraph and Telephone Corporation rose 45 cents (1.8%) to $25.26 on average volume. Throughout the day, 496,822 shares of Nippon Telegraph and Telephone Corporation exchanged hands as compared to its average daily volume of 585,200 shares. The stock ranged in a price between $25.15-$25.45 after having opened the day at $25.15 as compared to the previous trading day's close of $24.81. Other companies within the Telecommunications industry that increased today were: Radvision ( RVSN), up 15.4%, RIT Technologies ( RITT), up 11.4%, Ikanos Communications ( IKAN), up 6.2%, and Ubiquiti Networks ( UBNT), up 4.8%.

Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides telecommunications services to residential and business customers in Japan. Nippon Telegraph and Telephone Corporation has a market cap of $63.1 billion and is part of the technology sector. The company has a P/E ratio of 12.2, above the average telecommunications industry P/E ratio of 10.6 and below the S&P 500 P/E ratio of 17.7. Shares are up 8.6% year to date as of the close of trading on Monday. Currently there is one analyst that rates Nippon Telegraph and Telephone Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nippon Telegraph and Telephone Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, IDT Corporation ( IDT), down 18.7%, FairPoint Communications ( FRP), down 10.3%, Novatel Wireless ( NVTL), down 9.7%, and XFONE ( XFN), down 8.9%, were all losers within the telecommunications industry with Qualcomm ( QCOM) 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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