AT&T Inc (T): Today's Featured Technology 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.

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.

On the negative front, PT Indosat TBK ( IIT), down 20.7%, Hauppauge Digital ( HAUP), down 18.2%, LookSmart ( LOOK), down 13.3% and Zoom Technologies ( ZOOM), down 12.0% , were all laggards within the technology sector with AOL ( AOL) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

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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