CenturyLink Inc (CTL): 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.

CenturyLink ( CTL) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.3%. By the end of trading, CenturyLink fell $0.41 (-1.3%) to $30.67 on average volume. Throughout the day, 4,809,714 shares of CenturyLink exchanged hands as compared to its average daily volume of 4,749,600 shares. The stock ranged in price between $30.60-$30.99 after having opened the day at $30.97 as compared to the previous trading day's close of $31.08. Other companies within the Telecommunications industry that declined today were: ARC Group Worldwide ( ARCW), down 18.6%, RIT Technologies ( RITT), down 17.9%, Gogo ( GOGO), down 6.5% and NTELOS Holdings ( NTLS), down 5.5%.

CenturyLink, Inc. operates as an integrated telecommunications company in the United States. CenturyLink has a market cap of $18.8 billion and is part of the technology sector. Shares are down 20.6% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate CenturyLink a buy, 3 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates CenturyLink as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, Zoom Technologies ( ZOOM), up 17.6%, eOn Communications Corporation ( EONC), up 7.1%, WPCS International ( WPCS), up 6.7% and MERU Networks ( MERU), up 5.7% , were all gainers within the telecommunications industry with Qualcomm ( QCOM) 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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