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.AT&T ( T) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.8%. By the end of trading, AT&T rose $0.34 (1.0%) to $33.97 on average volume. Throughout the day, 27,293,814 shares of AT&T exchanged hands as compared to its average daily volume of 22,581,100 shares. The stock ranged in a price between $33.75-$34.10 after having opened the day at $33.88 as compared to the previous trading day's close of $33.63. Other companies within the Technology sector that increased today were: SolarCity ( SCTY), up 22.4%, Performance Technologies ( PTIX), up 19.9%, Glowpoint ( GLOW), up 16.5% and Aehr Test Systems ( AEHR), up 14.9%.
AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other. AT&T has a market cap of $177.4 billion and is part of the telecommunications industry. Shares are down 0.9% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate AT&T a buy, 1 analyst rates it a sell, and 18 rate it a hold. TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.