Rogers Communications Inc. (RCI): Today's Featured Telecommunications Laggard

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.

Rogers Communications ( RCI) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Rogers Communications fell $0.49 (-1.2%) to $41.85 on average volume. Throughout the day, 689,976 shares of Rogers Communications exchanged hands as compared to its average daily volume of 798,800 shares. The stock ranged in price between $41.69-$42.39 after having opened the day at $42.34 as compared to the previous trading day's close of $42.34. Other companies within the Telecommunications industry that declined today were: Glowpoint ( GLOW), down 11.5%, Blonder Tongue Laboratories ( BDR), down 5.5%, Elephant Talk Communications ( ETAK), down 4.8% and Ubiquiti Networks ( UBNT), down 4.8%.

Rogers Communications Inc. operates as a communications and media company in Canada. The company's Wireless segment offers voice and high-speed data services, as well mobile devices and accessories. It markets its products and services under the Rogers, Fido, and chatr brands. Rogers Communications has a market cap of $15.9 billion and is part of the technology sector. Shares are down 7.0% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Rogers Communications a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Rogers Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Ciena Corporation ( CIEN), up 13.8%, Adtran ( ADTN), up 10.9%, Nortel Inversora ( NTL), up 8.1% and Net Element International ( NETE), up 8.0% , were all gainers within the telecommunications industry with LM Ericsson Telephone Company ( ERIC) being today's featured telecommunications industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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