NII Holdings Inc (NIHD): 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

NII Holdings ( NIHD) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.7%. By the end of trading, NII Holdings rose $0.20 (2.9%) to $7.19 on average volume. Throughout the day, 5,082,346 shares of NII Holdings exchanged hands as compared to its average daily volume of 5,333,500 shares. The stock ranged in a price between $6.69-$7.37 after having opened the day at $6.90 as compared to the previous trading day's close of $6.99. Other companies within the Telecommunications industry that increased today were: Pointer Telocation ( PNTR), up 46.9%, Sky-mobi ( MOBI), up 43.3%, Hong Kong Television Network ( HKTV), up 15.4% and B Communications ( BCOM), up 15.2%.
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NII Holdings, Inc., through its subsidiaries, provides wireless communication services under the Nextel brand name to businesses and individuals in Mexico, Brazil, Argentina, Peru, and Chile. NII Holdings has a market cap of $1.1 billion and is part of the technology sector. Shares are down 7.2% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate NII Holdings a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NII Holdings as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally high debt management risk and generally disappointing historical performance in the stock itself.

On the negative front, DragonWave ( DRWI), down 10.0%, Primus Telecommunications Group ( PTGI), down 8.7%, Cellcom Israel ( CEL), down 6.6% and Voltari ( VLTC), down 6.5% , were all laggards within the telecommunications industry with Level 3 Communications ( LVLT) 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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