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 down 0.7%. By the end of trading, Research in Motion fell $0.29 (-2.1%) to $13.66 on light volume. Throughout the day, 11,618,768 shares of Research in Motion exchanged hands as compared to its average daily volume of 36,617,900 shares. The stock ranged in price between $13.63-$13.95 after having opened the day at $13.82 as compared to the previous trading day's close of $13.95. Other companies within the Telecommunications industry that declined today were: Alvarion ( ALVR), down 12.9%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), down 6.5%, Oi ( OIBR), down 5.9% and Cbeyond ( CBEY), down 5.6%.
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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 $7.3 billion and is part of the technology sector. Shares are up 16.8% year to date as of the close of trading on Monday. 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, Deltathree ( DDDC), down 25.0%, Otelco Inc. Class A ( OTEL), down 11.0%, Envivio ( ENVI), down 8.6% and Zoom Technologies ( ZOOM), down 5.3% , were all gainers within the telecommunications industry with Clearwire ( CLWR) being today's featured telecommunications industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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