AT&T Inc (T): Today's Featured Telecommunications Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

AT&T ( T) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.1%. By the end of trading, AT&T rose $0.45 (1.2%) to $38.73 on average volume. Throughout the day, 21,239,596 shares of AT&T exchanged hands as compared to its average daily volume of 25,751,300 shares. The stock ranged in a price between $38.34-$38.76 after having opened the day at $38.39 as compared to the previous trading day's close of $38.28. Other companies within the Telecommunications industry that increased today were: Voltari ( VLTC), up 20.0%, eOn Communications Corporation ( EONC), up 9.5%, NTS ( NTS), up 7.7% and Zhone Technologies ( ZHNE), up 7.5%.
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AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other. AT&T has a market cap of $208.6 billion and is part of the technology sector. The company has a P/E ratio of 30.2, above the S&P 500 P/E ratio of 17.7. Shares are up 13.6% year to date as of the close of trading on Friday.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Intelsat ( I), down 62.6%, Wireless Telecom Group ( WTT), down 8.5%, Zoom Technologies ( ZOOM), down 6.1% and Ambient Corporation ( AMBT), down 5.6% , were all laggards within the telecommunications industry with Windstream ( WIN) 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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