BlackBerry Ltd (BBRY): 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.

BlackBerry ( BBRY) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 1.0%. By the end of trading, BlackBerry rose $0.97 (15.5%) to $7.22 on heavy volume. Throughout the day, 137,443,455 shares of BlackBerry exchanged hands as compared to its average daily volume of 20,124,800 shares. The stock ranged in a price between $6.08-$7.34 after having opened the day at $6.34 as compared to the previous trading day's close of $6.25. Other companies within the Telecommunications industry that increased today were: Hong Kong Television Network ( HKTV), up 16.6%, Elephant Talk Communications ( ETAK), up 11.7%, On Track Innovations ( OTIV), up 10.5% and Envivio ( ENVI), up 7.6%.

BlackBerry Limited engages in the design, manufacture, and marketing of wireless solutions worldwide. BlackBerry has a market cap of $3.2 billion and is part of the technology sector. Shares are down 49.0% year to date as of the close of trading on Thursday. Currently there are no analysts that rate BlackBerry a buy, 8 analysts rate it a sell, and 19 rate it a hold.

TheStreet Ratings rates BlackBerry as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

On the negative front, Linktone ( LTON), down 37.2%, InfoSonics Corporation ( IFON), down 12.3%, InterDigital ( IDCC), down 10.1% and Blonder Tongue Laboratories ( BDR), down 8.9% , were all laggards within the telecommunications industry with Crown Castle International ( CCI) being today's telecommunications industry laggard.

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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