Alcatel-Lucent (ALU): 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.

Alcatel-Lucent ( ALU) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.4%. By the end of trading, Alcatel-Lucent rose $0.18 (4.2%) to $4.52 on light volume. Throughout the day, 9,060,986 shares of Alcatel-Lucent exchanged hands as compared to its average daily volume of 19,782,000 shares. The stock ranged in a price between $4.49-$4.53 after having opened the day at $4.50 as compared to the previous trading day's close of $4.34. Other companies within the Technology sector that increased today were: Net Element ( NETE), up 24.2%, Barracuda Networks ( CUDA), up 20.4%, Sungame ( SGMZ), up 17.6% and TigerLogic Corporation ( TIGR), up 17.5%.

Alcatel-Lucent provides networking and communications technology, products, and services to service providers, enterprises, and governments worldwide. Alcatel-Lucent has a market cap of $9.7 billion and is part of the telecommunications industry. Shares are up 212.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Alcatel-Lucent a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Alcatel-Lucent as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity.

On the negative front, InfoSonics Corporation ( IFON), down 14.9%, Twitter ( TWTR), down 13.0%, Luna Innovations ( LUNA), down 11.7% and Textura ( TXTR), down 5.6% , were all laggards within the technology sector with LinkedIn ( LNKD) 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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