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 closed the day up 0.7%. By the end of trading, BlackBerry fell $0.15 (-1.4%) to $10.28 on light volume. Throughout the day, 17,230,428 shares of BlackBerry exchanged hands as compared to its average daily volume of 26,550,900 shares. The stock ranged in price between $10.24-$10.48 after having opened the day at $10.45 as compared to the previous trading day's close of $10.43. Other companies within the Telecommunications industry that declined today were: DragonWave ( DRWI), down 12.0%, Alvarion ( ALVR), down 4.9%, eOn Communications Corporation ( EONC), down 4.4% and China TechFaith Wireless Comm Tech ( CNTF), down 3.9%.

--The company has offices in North America, Europe and Asia Pacific. BlackBerry has a market cap of $5.4 billion and is part of the technology sector. Shares are down 12.1% 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, Zhone Technologies ( ZHNE), up 14.7%, RELM Wireless Corporation ( RWC), up 10.9%, Parametric Sound ( PAMT), up 9.2% and Gogo ( GOGO), up 8.3% , were all gainers within the telecommunications industry with Telefonica Brasil S.A ( VIV) 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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