America Movil S.A.B. De C.V. (AMX): 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

America Movil S.A.B. de C.V ( AMX) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.4%. By the end of trading, America Movil S.A.B. de C.V rose $0.68 (3.3%) to $21.38 on light volume. Throughout the day, 8,229,026 shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 11,316,400 shares. The stock ranged in a price between $20.67-$21.49 after having opened the day at $20.75 as compared to the previous trading day's close of $20.70. Other companies within the Telecommunications industry that increased today were: eOn Communications Corporation ( EONC), up 10.8%, Ikanos Communications ( IKAN), up 8.0%, iPass ( IPAS), up 6.6% and Calix ( CALX), up 4.9%.
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America Movil, S.A.B. de C.V. provides telecommunications services primarily in the United States, Latin America, and the Caribbean. The company offers mobile and fixed voice services, including airtime, local, long-distance, public telephony, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $80.2 billion and is part of the technology sector. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7. Shares are down 10.6% year to date as of the close of trading on Monday.

TheStreet Ratings rates America Movil S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself.

On the negative front, Zoom Technologies ( ZOOM), down 17.0%, WPCS International ( WPCS), down 10.3%, MER Telemanagement Solutions ( MTSL), down 8.5% and Schawk ( SGK), down 5.2% , were all laggards within the telecommunications industry with NII Holdings ( NIHD) 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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