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 0.2%. By the end of trading, AT&T rose $0.43 (1.2%) to $37.52 on light volume. Throughout the day, 14,258,196 shares of AT&T exchanged hands as compared to its average daily volume of 25,878,600 shares. The stock ranged in a price between $37.09-$37.52 after having opened the day at $37.18 as compared to the previous trading day's close of $37.09. Other companies within the Telecommunications industry that increased today were: Pendrell ( PCO), up 10.6%, Sky-mobi ( MOBI), up 10.5%, InfoSonics Corporation ( IFON), up 9.9% and Alcatel-Lucent ( ALU), up 9.9%.
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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 $206.4 billion and is part of the technology sector. The company has a P/E ratio of 28.3, above the S&P 500 P/E ratio of 17.7. Shares are up 10.0% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate AT&T a buy, 2 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, expanding profit margins, 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, Deltathree ( DDDC), down 18.0%, MERU Networks ( MERU), down 12.2%, Trunkbow International Holdings ( TBOW), down 10.7% and MER Telemanagement Solutions ( MTSL), down 8.6% , were all laggards within the telecommunications industry with Research in Motion ( RIMM) 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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