AT&T Inc (T): Today's Featured Telecommunications Winner

AT&T ( T) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 1.0%. By the end of trading, AT&T rose $0.48 (1.4%) to $35.87 on average volume. Throughout the day, 22,980,987 shares of AT&T exchanged hands as compared to its average daily volume of 25,634,200 shares. The stock ranged in a price between $35.68-$36.01 after having opened the day at $35.75 as compared to the previous trading day's close of $35.39. Other companies within the Telecommunications industry that increased today were: Elephant Talk Communications ( ETAK), up 15.2%, Internet Gold Golden Lines ( IGLD), up 12.5%, Ciena Corporation ( CIEN), up 10.2% and DragonWave ( DRWI), up 9.0%.

AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other. AT&T has a market cap of $191.5 billion and is part of the technology sector. Shares are up 5.0% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate AT&T a buy, 2 analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Alvarion ( ALVR), down 57.1%, Linktone ( LTON), down 7.8%, Frequency Electronics ( FEIM), down 5.8% and InfoSonics Corporation ( IFON), down 5.5%.

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.
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