JDS Uniphase Corp (CA) (JDSU): Today's Featured Telecommunications Laggard

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.

JDS Uniphase Corp (CA ( JDSU) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.8%. By the end of trading, JDS Uniphase Corp (CA fell $0.25 (-1.8%) to $13.66 on average volume. Throughout the day, 4,811,193 shares of JDS Uniphase Corp (CA exchanged hands as compared to its average daily volume of 5,202,700 shares. The stock ranged in price between $13.59-$14.27 after having opened the day at $14.10 as compared to the previous trading day's close of $13.91. Other companies within the Telecommunications industry that declined today were: xG Technology ( XGTI), down 26.7%, NII Holdings ( NIHD), down 4.8%, Optical Cable Corporation ( OCC), down 4.7% and On Track Innovations ( OTIV), down 4.6%.

JDS Uniphase Corporation provides communications test and measurement solutions, and optical products for telecommunications service providers, wireless operators, cable operators, network-equipment manufacturers, and enterprises worldwide. JDS Uniphase Corp (CA has a market cap of $3.2 billion and is part of the technology sector. Shares are up 7.6% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate JDS Uniphase Corp (CA a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates JDS Uniphase Corp (CA as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow.

On the positive front, Sky-mobi ( MOBI), up 23.7%, Cyan ( CYNI), up 19.9%, InfoSonics Corporation ( IFON), up 14.8% and Zoom Technologies ( ZOOM), up 13.5% , were all gainers within the telecommunications industry with Telefonica Brasil S.A ( VIV) being today's featured telecommunications industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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