JDS Uniphase Corp (CA) (JDSU): 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.

JDS Uniphase Corp (CA ( JDSU) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 8.1%. By the end of trading, JDS Uniphase Corp (CA rose $0.21 (1.6%) to $13.66 on heavy volume. Throughout the day, 28,198,275 shares of JDS Uniphase Corp (CA exchanged hands as compared to its average daily volume of 3,747,200 shares. The stock ranged in a price between $13.61-$13.94 after having opened the day at $13.66 as compared to the previous trading day's close of $13.45. Other companies within the Telecommunications industry that increased today were: Voltari ( VLTC), up 1452.1%, Alvarion ( ALVR), up 21.4%, Glowpoint ( GLOW), up 16.2% and Net Element International ( NETE), up 14.6%.

JDS Uniphase Corporation provides communications test and measurement solutions, and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers, and enterprises worldwide. JDS Uniphase Corp (CA has a market cap of $3.4 billion and is part of the technology sector. Shares are up 5.4% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate JDS Uniphase Corp (CA a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates JDS Uniphase Corp (CA as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Deltathree ( DDDC), down 9.1%, Oi ( OIBR), down 8.0%, Novatel Wireless ( NVTL), down 7.0% and Linktone ( LTON), down 6.8% , were all laggards within the telecommunications industry with CenturyLink ( CTL) 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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