Siemens AG (SI): Today's Featured Telecommunications Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Siemens ( SI) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.6%. By the end of trading, Siemens rose $1.53 (1.4%) to $107.90 on heavy volume. Throughout the day, 643,567 shares of Siemens exchanged hands as compared to its average daily volume of 383,100 shares. The stock ranged in a price between $106.85-$108.24 after having opened the day at $106.91 as compared to the previous trading day's close of $106.37. Other companies within the Telecommunications industry that increased today were: Zhone Technologies ( ZHNE), up 63.4%, Deltathree ( DDDC), up 12.5%, MERU Networks ( MERU), up 7.7% and Alaska Communications Systems Group ( ALSK), up 6.8%.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. Siemens has a market cap of $91.5 billion and is part of the industrial goods sector. Shares are down 0.1% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Siemens a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Siemens as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Gilat Satellite Networks ( GILT), down 13.2%, WPCS International ( WPCS), down 9.7%, Premiere Global Services ( PGI), down 6.3% and eOn Communications Corporation ( EONC), down 6.1% , were all laggards within the telecommunications industry with Verizon Communications ( VZ) 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.
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