Tim Participacoes SA (TSU): 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.

Tim Participacoes ( TSU) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole was unchanged today. By the end of trading, Tim Participacoes fell $0.35 (-1.4%) to $24.21 on light volume. Throughout the day, 604,796 shares of Tim Participacoes exchanged hands as compared to its average daily volume of 1,269,200 shares. The stock ranged in price between $24.18-$24.75 after having opened the day at $24.66 as compared to the previous trading day's close of $24.56. Other companies within the Telecommunications industry that declined today were: Sky-mobi ( MOBI), down 13.3%, eOn Communications Corporation ( EONC), down 9.1%, RRSat Global Communications Network ( RRST), down 5.9% and America Movil S.A.B. de C.V ( AMOV), down 4.6%.

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 $12.1 billion and is part of the technology sector. Shares are down 6.4% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Tim Participacoes a buy, no analysts rate it a sell, and 4 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 increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Net Element ( NETE), up 8.1%, Vocera Communications ( VCRA), up 6.4%, Maxcom Telecomunicaciones S.A.B. de C.V ( MXT), up 6.2% and GTT Communications ( GTT), up 4.9% , were all gainers within the telecommunications industry with Qualcomm ( QCOM) 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.

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