Frontier Communications Corp Class B (FTR): 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.

Frontier Communications Corp Class B ( FTR) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 1.0%. By the end of trading, Frontier Communications Corp Class B rose $0.07 (1.6%) to $4.54 on light volume. Throughout the day, 3,800,386 shares of Frontier Communications Corp Class B exchanged hands as compared to its average daily volume of 9,720,700 shares. The stock ranged in a price between $4.46-$4.59 after having opened the day at $4.48 as compared to the previous trading day's close of $4.47. Other companies within the Telecommunications industry that increased today were: Deltathree ( DDDC), up 10.0%, Zoom Technologies ( ZOOM), up 6.0%, Novatel Wireless ( NVTL), up 4.9% and WPCS International ( WPCS), up 4.4%.

Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to business, residential, and wholesale customers in the United States. Frontier Communications Corp Class B has a market cap of $4.5 billion and is part of the technology sector. Shares are up 4.4% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Frontier Communications Corp Class B a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Frontier Communications Corp Class B as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and weak operating cash flow.

On the negative front, Alvarion ( ALVR), down 17.2%, ORBCOMM ( ORBC), down 9.9%, Net Element International ( NETE), down 7.6% and Internet Gold Golden Lines ( IGLD), down 6.8% , 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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