Crown Castle International Corp (CCI): 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.

Crown Castle International ( CCI) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.1%. By the end of trading, Crown Castle International rose $1.10 (1.6%) to $71.43 on average volume. Throughout the day, 1,686,639 shares of Crown Castle International exchanged hands as compared to its average daily volume of 2,223,700 shares. The stock ranged in a price between $70.06-$71.44 after having opened the day at $70.28 as compared to the previous trading day's close of $70.33. Other companies within the Technology sector that increased today were: Sungame ( SGMZ), up 40.0%, Uni-pixel ( UNXL), up 14.9%, Aehr Test Systems ( AEHR), up 14.7% and ChinaCache International Holdings ( CCIH), up 12.9%.

Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. Crown Castle International has a market cap of $20.7 billion and is part of the telecommunications industry. Shares are down 2.1% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Crown Castle International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Crown Castle International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.

On the negative front, Daqo New Energy ( DQ), down 23.2%, Crossroads Systems ( CRDS), down 20.0%, PT Indosat TBK ( IIT), down 18.9% and Aetrium Incorporated ( ATRM), down 9.9% , were all laggards within the technology sector with Himax Technologies ( HIMX) 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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