BlackBerry Ltd (BBRY): 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.

BlackBerry ( BBRY) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 9.7%. By the end of trading, BlackBerry rose $0.66 (7.4%) to $9.58 on average volume. Throughout the day, 33,394,369 shares of BlackBerry exchanged hands as compared to its average daily volume of 23,018,100 shares. The stock ranged in a price between $8.98-$9.77 after having opened the day at $9.00 as compared to the previous trading day's close of $8.92. Other companies within the Telecommunications industry that increased today were: Voltari ( VLTC), up 1598.6%, WPCS International ( WPCS), up 22.9%, China TechFaith Wireless Comm Tech ( CNTF), up 17.8% and xG Technology ( XGTI), up 14.9%.

BlackBerry Limited engages in the design, manufacture, and marketing of wireless solutions worldwide. BlackBerry has a market cap of $4.5 billion and is part of the technology sector. Shares are down 26.2% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate BlackBerry a buy, 15 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates BlackBerry 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 negative front, Alvarion ( ALVR), down 10.2%, InterDigital ( IDCC), down 10.0%, eOn Communications Corporation ( EONC), down 6.8% and Deltathree ( DDDC), down 6.5% , were all laggards within the telecommunications industry with JDS Uniphase Corp (CA ( JDSU) 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).

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