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

JDS Uniphase Corp (CA ( JDSU) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 1.2%. By the end of trading, JDS Uniphase Corp (CA rose 14 cents (1.6%) to $8.92 on average volume. Throughout the day, six million shares of JDS Uniphase Corp (CA exchanged hands as compared to its average daily volume of 5.5 million shares. The stock ranged in a price between $8.65-$9 after having opened the day at $8.78 as compared to the previous trading day's close of $8.78. Other companies within the Telecommunications industry that increased today were: Nexxus Lighting ( NEXS), up 12.5%, CalAmp Corporation ( CAMP), up 6%, Infinera Corporation ( INFN), up 5.8%, and MetroPCS Communications ( PCS), up 5.6%.

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 $2.15 billion and is part of the technology sector. Shares are down 15.9% year to date as of the close of trading on Monday. Currently there are eight 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 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 negative front, Dialogic ( DLGC), down 15.9%, Clearwire ( CLWR), down 9.8%, AudioCodes ( AUDC), down 9.6%, and Motricity ( MOTR), down 6.9%, were all laggards within the telecommunications industry with Verizon Communications ( VZ) being today's telecommunications industry laggard.

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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