Windstream Corp (WIN): Today's Featured Technology Winner

Windstream ( WIN) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.8%. By the end of trading, Windstream rose 8 cents (0.8%) to $9.85 on light volume. Throughout the day, 5.6 million shares of Windstream exchanged hands as compared to its average daily volume of 8.3 million shares. The stock ranged in a price between $9.77-$9.87 after having opened the day at $9.86 as compared to the previous trading day's close of $9.77. Other companies within the Technology sector that increased today were: Netsol Technologies ( NTWK), up 15.7%, MakeMusic ( MMUS), up 13.7%, Intelligent Systems ( INS), up 9.7%, and AuthenTec ( AUTH), up 9.6%.

Windstream Corporation provides communications and technology solutions in the United States. The company offers business services, as well as provides broadband, voice, and video services to consumers primarily in rural markets. Windstream has a market cap of $5.72 billion and is part of the telecommunications industry. The company has a P/E ratio of 25.6, above the average telecommunications industry P/E ratio of 24.9 and above the S&P 500 P/E ratio of 17.7. Shares are down 17.1% year to date as of the close of trading on Friday. Currently there are five analysts that rate Windstream a buy, no analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates Windstream as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and a generally disappointing performance in the stock itself.

On the negative front, Deltathree ( DDDC), down 52.5%, Crossroads Systems Incorporated ( CRDS), down 9.4%, Internet Gold Golden Lines ( IGLD), down 8.9%, and ModusLink Global Solutions ( MLNK), down 8.3%, were all losers within the technology sector with EMC Corporation ( EMC) being today's technology sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).
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