Research In Motion Ltd (BBRY): Today's Featured Telecommunications Laggard

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 lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Research in Motion fell $0.34 (-2.5%) to $13.61 on light volume. Throughout the day, 25,363,996 shares of Research in Motion exchanged hands as compared to its average daily volume of 37,565,600 shares. The stock ranged in price between $13.30-$14.05 after having opened the day at $14.03 as compared to the previous trading day's close of $13.96. Other companies within the Telecommunications industry that declined today were: Net Element International ( NETE), down 16.2%, RELM Wireless Corporation ( RWC), down 8.6%, Glowpoint ( GLOW), down 6.2% and Turkcell Iletisim Hizmetleri AS ( TKC), down 6.0%.
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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 $7.6 billion and is part of the technology sector. Shares are up 21.5% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Research in Motion a buy, 13 analysts rate it a sell, and 8 rate it a hold.

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 positive front, Clearfield ( CLFD), down 17.6%, Ambient Corporation ( AMBT), down 8.7%, Shenandoah Telecommunications ( SHEN), down 5.8% and Numerex ( NMRX), down 5.4%.

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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