Clearwire Corp (CLWR): 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

Clearwire ( CLWR) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.7%. By the end of trading, Clearwire rose $0.08 (1.9%) to $4.35 on average volume. Throughout the day, 10,276,813 shares of Clearwire exchanged hands as compared to its average daily volume of 11,289,900 shares. The stock ranged in a price between $4.30-$4.39 after having opened the day at $4.32 as compared to the previous trading day's close of $4.27. Other companies within the Telecommunications industry that increased today were: Deltathree ( DDDC), up 25.0%, Otelco Inc. Class A ( OTEL), up 11.0%, Envivio ( ENVI), up 8.6% and Zoom Technologies ( ZOOM), up 5.3%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Clearwire Corporation, through its subsidiaries, provides fourth generation (4G) wireless broadband services in the United States. Clearwire has a market cap of $3.1 billion and is part of the technology sector. Shares are up 52.2% year to date as of the close of trading on Monday. Currently there are no analysts that rate Clearwire a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Clearwire 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, poor profit margins and generally high debt management risk.

On the negative front, Alvarion ( ALVR), down 12.9%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), down 6.5%, Oi ( OIBR), down 5.9% and Cbeyond ( CBEY), down 5.6% , were all laggards within the telecommunications industry with Research in Motion ( BBRY) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.