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 was unchanged today. By the end of trading, JDS Uniphase Corp (CA fell 20 cents (-2.1%) to $9.45 on average volume. Throughout the day, 5.3 million shares of JDS Uniphase Corp (CA exchanged hands as compared to its average daily volume of 5.7 million shares. The stock ranged in price between $9.35-$9.84 after having opened the day at $9.67 as compared to the previous trading day's close of $9.65. Other company's within the Telecommunications industry that declined today were: Nexxus Lighting ( NEXS), down 14%, eOn Communications Corporation ( EONC), down 11.9%, B Communications ( BCOM), down 9.8%, and Envivio ( ENVI), down 7.8%.

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 $2.35 billion and is part of the technology sector. Shares are down 2.8% year to date as of the close of trading on Friday. Currently there are nine analysts that rate JDS Uniphase Corp (CA a buy, no analysts rate it a sell, and two 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, Multiband Corporation ( MBND), up 12.6%, Partner Communications Company ( PTNR), up 11.1%, Mitel Networks Corporation ( MITL), up 8.3%, and MER Telemanagement Solutions ( MTSL), up 8%, were all gainers within the telecommunications industry with Crown Castle International ( CCI) 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).
null

If you liked this article you might like

When Maids Quit to Trade Stocks

When Maids Quit to Trade Stocks

Market Rides a Chinese Seesaw

Market Rides a Chinese Seesaw

NetScout, Danaher Postpone Deal's Closing Date to Give Regulators More Time

4 Big-Volume Stocks to Trade for Breakouts: Big Lots, Fresh Market and More

JDS Uniphase (JDSU) Stock Gains on Competitor's Quarterly Results and Strong Guidance