JDS Uniphase Corp (CA) (JDSU): Today's Featured Telecommunications Loser

JDS Uniphase Corp (CA ( JDSU) pushed the Telecommunications industry lower today making it today's featured Telecommunications loser. The industry as a whole closed the day up 0.1%. By the end of trading, JDS Uniphase Corp (CA fell 41 cents (-3.3%) to $12.22 on average volume. Throughout the day, 7.8 million shares of JDS Uniphase Corp (CA exchanged hands as compared to its average daily volume of 6.8 million shares. The stock ranged in price between $12.20-$12.66 after having opened the day at $12.62 as compared to the previous trading day's close of $12.63. Other company's within the Telecommunications industry that declined today were: NII Holdings ( NIHD), down 23.2%, Leap Wireless International ( LEAP), down 20.4%, Alcatel-Lucent ( ALU), down 17.9%, and Clearfield ( CLFD), down 13.9%.

JDS Uniphase Corporation provides communications test and measurement solutions, and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers, and enterprises worldwide. JDS Uniphase Corp (CA has a market cap of $2.82 billion and is part of the technology sector. The company has a P/E ratio of 87.6, below the average telecommunications industry P/E ratio of 94.4 and above the S&P 500 P/E ratio of 17.7. Shares are up 17.5% year to date as of the close of trading on Wednesday. Currently there are nine analysts that rate JDS Uniphase Corp (CA a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates JDS Uniphase Corp (CA 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, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow.

On the positive front, Netgear ( NTGR), up 13.6%, Equinix ( EQIX), up 13.3%, America Movil S.A.B. de C.V ( AMOV), up 10.2%, and Clearwire ( CLWR), up 8.9%, were all gainers within the telecommunications industry with Qualcomm ( QCOM) being today's featured telecommunications industry winner.

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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