America Movil S.A.B. De C.V. (AMX): Today's Featured Telecommunications 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.

America Movil S.A.B. de C.V ( AMX) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.6%. By the end of trading, America Movil S.A.B. de C.V rose $0.66 (2.9%) to $23.11 on average volume. Throughout the day, 5,721,510 shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 7,267,400 shares. The stock ranged in a price between $22.49-$23.13 after having opened the day at $22.53 as compared to the previous trading day's close of $22.45. Other companies within the Telecommunications industry that increased today were: WPCS International ( WPCS), up 24.6%, EXFO ( EXFO), up 9.1%, Trunkbow International Holdings ( TBOW), up 7.2% and MERU Networks ( MERU), up 5.7%.

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 $81.9 billion and is part of the technology sector. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7. Shares are down 3.0% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates America Movil S.A.B. de C.V as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, PTGi ( PTGI), down 12.8%, On Track Innovations ( OTIV), down 10.0%, Elephant Talk Communications ( ETAK), down 8.7% and Alvarion ( ALVR), down 6.4%.

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).

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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