BlackBerry Ltd (BBRY): 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.

BlackBerry ( BBRY) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole was unchanged today. By the end of trading, BlackBerry fell $0.16 (-1.4%) to $10.84 on light volume. Throughout the day, 16,817,081 shares of BlackBerry exchanged hands as compared to its average daily volume of 25,559,300 shares. The stock ranged in price between $10.81-$11.15 after having opened the day at $11.14 as compared to the previous trading day's close of $11.00. Other companies within the Telecommunications industry that declined today were: Deltathree ( DDDC), down 10.0%, Parametric Sound ( PAMT), down 9.4%, Envivio ( ENVI), down 6.8% and eOn Communications Corporation ( EONC), down 5.4%.

BlackBerry Limited engages in the design, manufacture, and marketing of wireless solutions worldwide. BlackBerry has a market cap of $5.5 billion and is part of the technology sector. Shares are down 9.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate BlackBerry a buy, 12 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 positive front, Zoom Technologies ( ZOOM), up 7.8%, ShoreTel ( SHOR), up 7.6%, EXFO ( EXFO), up 6.7% and Pointer Telocation ( PNTR), up 6.2% , were all gainers within the telecommunications industry with Siemens ( SI) 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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