Siemens AG (SI): 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

Siemens ( SI) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.3%. By the end of trading, Siemens rose $1.51 (1.5%) to $103.08 on average volume. Throughout the day, 284,329 shares of Siemens exchanged hands as compared to its average daily volume of 349,900 shares. The stock ranged in a price between $102.42-$103.42 after having opened the day at $102.66 as compared to the previous trading day's close of $101.57. Other companies within the Telecommunications industry that increased today were: Novatel Wireless ( NVTL), up 8.2%, Alcatel-Lucent ( ALU), up 6.1%, Ceragon Networks ( CRNT), up 5.4% and Iteris ( ITI), up 5.0%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. Siemens has a market cap of $84.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 32.1, above the S&P 500 P/E ratio of 17.7. Shares are down 7.2% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Siemens as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Voltari ( VLTC), down 24.6%, WPCS International ( WPCS), down 15.1%, Optical Cable Corporation ( OCC), down 7.0% and Net Element International ( NETE), down 6.3% , were all laggards within the telecommunications industry with Motorola Solutions ( MSI) 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).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
null

If you liked this article you might like

News Out of Europe: Siemens Shares Hit Record High

Why Vestas Is the Purest Play in Wind Power

What the Pros at Honeywell, Siemens Learned About Pruning Hedges

Don't Expect GE to Buy National Oilwell Varco

Gold Prices Hit 3-Week High as Rate Hike Fears Simmer Down