Crown Castle International Corp (CCI): 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.

Crown Castle International ( CCI) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.8%. By the end of trading, Crown Castle International rose $1.48 (2.1%) to $72.75 on average volume. Throughout the day, 3,243,724 shares of Crown Castle International exchanged hands as compared to its average daily volume of 3,000,200 shares. The stock ranged in a price between $71.34-$72.78 after having opened the day at $71.46 as compared to the previous trading day's close of $71.27. Other companies within the Telecommunications industry that increased today were: InfoSonics Corporation ( IFON), up 11.4%, Gogo ( GOGO), up 9.9%, Elephant Talk Communications ( ETAK), up 8.0% and EarthLink Holdings ( ELNK), up 7.7%.

Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. Crown Castle International has a market cap of $23.8 billion and is part of the technology sector. The company has a P/E ratio of 222.6, above the S&P 500 P/E ratio of 17.7. Shares are down 2.9% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Crown Castle International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Crown Castle International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and disappointing return on equity.

On the negative front, Cyan ( CYNI), down 29.8%, WPCS International ( WPCS), down 5.2%, Parametric Sound ( PAMT), down 4.8% and magicJack VocalTec ( CALL), down 4.7% , were all laggards within the telecommunications industry with Ubiquiti Networks ( UBNT) 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.

More from Markets

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home