Tim Participacoes SA (TSU): Today's Featured Telecommunications Laggard

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Tim Participacoes ( TSU) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Tim Participacoes fell $0.72 (-2.9%) to $24.47 on average volume. Throughout the day, 1,179,305 shares of Tim Participacoes exchanged hands as compared to its average daily volume of 1,290,400 shares. The stock ranged in price between $24.44-$25.20 after having opened the day at $24.98 as compared to the previous trading day's close of $25.19. Other companies within the Telecommunications industry that declined today were: xG Technology ( XGTI), down 9.2%, Technical Communications ( TCCO), down 8.0%, Cogent Communications Group ( CCOI), down 6.8% and eOn Communications Corporation ( EONC), down 6.6%.

TIM Participac es S.A., through its subsidiaries, provides mobile telecommunications services using digital technologies to business and individual customers in Brazil. The company offers mobile, fixed and long distance telephony, and data transmission and Internet services. Tim Participacoes has a market cap of $12.2 billion and is part of the technology sector. Shares are down 4.0% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Tim Participacoes a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Tim Participacoes as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Vodafone Group ( VOD), up 20.9%, Alvarion ( ALVR), up 16.7%, InfoSonics Corporation ( IFON), up 8.7% and ClearOne ( CLRO), up 8.5%.

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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