1. As of noon trading, Sprint ( S) is down $0.24 (-3.7%) to $6.24 on heavy volume. Thus far, 40.8 million shares of Sprint exchanged hands as compared to its average daily volume of 17.0 million shares. The stock has ranged in price between $6.20-$6.48 after having opened the day at $6.46 as compared to the previous trading day's close of $6.48.

Sprint Nextel Corporation, through its subsidiaries, offers a range of wireless and wireline communications products and services to individual consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. Sprint has a market cap of $19.2 billion and is part of the technology sector. Shares are up 26.6% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Sprint a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Sprint as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and generally higher debt management risk. Get the full Sprint Ratings Report now.

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

If you are interested in one of these 3 stocks, 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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