2. As of noon trading, Sprint Nextel ( S) is down $0.12 (-1.6%) to $7.24 on light volume Thus far, 17.3 million shares of Sprint Nextel exchanged hands as compared to its average daily volume of 47.4 million shares. The stock has ranged in price between $7.24-$7.33 after having opened the day at $7.32 as compared to the previous trading day's close of $7.36. Sprint Nextel Corporation, through its subsidiaries, offers a range of wireless and wireline communications products and services to individual consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. Sprint Nextel has a market cap of $22.2 billion and is part of the technology sector. Shares are up 29.8% year to date as of the close of trading on Friday. TheStreet Ratings rates Sprint Nextel as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and generally higher debt management risk. Get the full Sprint Nextel Ratings Report now. 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.