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 1.0%. By the end of trading, BlackBerry rose $0.27 (2.7%) to $10.30 on average volume. Throughout the day, 31,135,675 shares of BlackBerry exchanged hands as compared to its average daily volume of 25,522,400 shares. The stock ranged in a price between $9.47-$10.68 after having opened the day at $10.00 as compared to the previous trading day's close of $10.03. Other companies within the Telecommunications industry that increased today were: Alvarion ( ALVR), up 65.7%, On Track Innovations ( OTIV), up 25.5%, Glowpoint ( GLOW), up 13.2% and Inteliquent ( IQNT), up 9.9%.

BlackBerry Limited engages in the design, manufacture, and marketing of wireless solutions worldwide. BlackBerry has a market cap of $5.4 billion and is part of the technology sector. Shares are down 12.2% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate BlackBerry a buy, 11 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, PT Indosat TBK ( IIT), down 9.7%, xG Technology ( XGTI), down 9.2%, Zoom Technologies ( ZOOM), down 8.8% and Pointer Telocation ( PNTR), down 4.0%.

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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