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.Crown Castle International ( CCI) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 2.6%. By the end of trading, Crown Castle International rose $1.26 (1.8%) to $70.56 on average volume. Throughout the day, 2,438,320 shares of Crown Castle International exchanged hands as compared to its average daily volume of 2,496,300 shares. The stock ranged in a price between $69.17-$70.84 after having opened the day at $69.96 as compared to the previous trading day's close of $69.30. Other companies within the Technology sector that increased today were: Voltari ( VLTC), up 1598.6%, CSR ( CSRE), up 179.5%, Pulse Electronics ( PULS), up 31.2% and Jiayuan.com International ( DATE), up 27.1%.
Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. Crown Castle International has a market cap of $20.5 billion and is part of the telecommunications industry. Shares are down 4.0% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Crown Castle International a buy, no analysts rate it a sell, and 3 rate it a hold. TheStreet Ratings rates Crown Castle International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.