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Level 3 Communications ( LVLT) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.2%. By the end of trading, Level 3 Communications rose $1.18 (3.6%) to $33.78 on average volume. Throughout the day, 2,077,446 shares of Level 3 Communications exchanged hands as compared to its average daily volume of 1,576,300 shares. The stock ranged in a price between $32.57-$33.80 after having opened the day at $32.71 as compared to the previous trading day's close of $32.60. Other companies within the Telecommunications industry that increased today were: eOn Communications Corporation ( EONC), up 14.0%, Elephant Talk Communications ( ETAK), up 12.7%, magicJack VocalTec ( CALL), up 6.7% and Tandem Diabetes Care ( TNDM), up 6.0%.

Level 3 Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, and Europe. Level 3 Communications has a market cap of $7.4 billion and is part of the technology sector. Shares are down 1.7% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Level 3 Communications a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Level 3 Communications as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the negative front, Net Element ( NETE), down 10.7%, WPCS International ( WPCS), down 10.2%, Hong Kong Television Network ( HKTV), down 5.7% and RELM Wireless Corporation ( RWC), down 5.0% , were all laggards within the telecommunications industry with Mobile Telesystems OJSC ( MBT) 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).

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