Research In Motion Ltd (BBRY): 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

Research in Motion ( BBRY) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 8.7%. By the end of trading, Research in Motion rose $0.21 (1.4%) to $15.02 on light volume. Throughout the day, 17,555,375 shares of Research in Motion exchanged hands as compared to its average daily volume of 58,047,100 shares. The stock ranged in a price between $14.66-$15.09 after having opened the day at $14.84 as compared to the previous trading day's close of $14.81. Other companies within the Telecommunications industry that increased today were: Voltari ( VLTC), up 1623.7%, WPCS International ( WPCS), up 21.7%, Maxcom Telecomunicaciones S.A.B. de C.V ( MXT), up 8.6% and CalAmp Corporation ( CAMP), up 6.2%.
  • 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.

Research In Motion Limited, doing business as BlackBerry, engages in the design, manufacture, and marketing of wireless solutions worldwide. Research in Motion has a market cap of $7.8 billion and is part of the technology sector. Shares are up 25.5% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow.

On the negative front, Ikanos Communications ( IKAN), down 19.6%, Pointer Telocation ( PNTR), down 9.1%, NII Holdings ( NIHD), down 6.4% and Inteliquent ( IQNT), down 6.0% , were all laggards within the telecommunications industry with Telefonica Brasil S.A ( VIV) 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

7 Essential Rules for Investing in Tech Stocks

Delphi, Blackberry Announce Partnership to Advance Autonomous Vehicles

We Are Astonished By How Far Uber Has Deviated From Its Original Master Plan

BlackBerry's Rally Is Falling by the Wayside

Goldman: Blackberry a 'Sell' Over Mobile Messaging Concerns