America Movil S.A.B. De C.V. (AMX): 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.

America Movil S.A.B. de C.V ( AMX) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day down 0.5%. By the end of trading, America Movil S.A.B. de C.V fell $0.27 (-1.3%) to $20.10 on light volume. Throughout the day, 4,738,704 shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 7,375,700 shares. The stock ranged in price between $20.05-$20.36 after having opened the day at $20.20 as compared to the previous trading day's close of $20.37. Other companies within the Telecommunications industry that declined today were: Alteva ( ALTV), down 29.1%, xG Technology ( XGTI), down 23.4%, Sky-mobi ( MOBI), down 7.8% and eOn Communications Corporation ( EONC), down 4.8%.

America Movil, S.A.B. de C.V. provides telecommunications services in the United States, Latin America, and the Caribbean. It offers mobile and fixed voice services, including airtime, local, long-distance services, public telephony services, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $73.6 billion and is part of the technology sector. Shares are down 11.9% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates America Movil S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself.

On the positive front, ARC Group Worldwide ( ARCW), up 20.2%, Blonder Tongue Laboratories ( BDR), up 13.1%, Alvarion ( ALVR), up 10.4% and MERU Networks ( MERU), up 6.4% , were all gainers within the telecommunications industry with Mobile Telesystems OJSC ( MBT) 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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