Crown Castle International Corp (CCI): 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.

Crown Castle International ( CCI) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Crown Castle International fell $0.83 (-1.1%) to $73.78 on average volume. Throughout the day, 2,486,925 shares of Crown Castle International exchanged hands as compared to its average daily volume of 2,731,100 shares. The stock ranged in price between $73.71-$75.16 after having opened the day at $75.11 as compared to the previous trading day's close of $74.61. Other companies within the Telecommunications industry that declined today were: Elephant Talk Communications ( ETAK), down 7.0%, Oi ( OIBR), down 5.7%, Ambient Corporation ( AMBT), down 4.9% and ClearOne ( CLRO), down 4.0%.

Crown Castle International Corp., together with its subsidiaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. Crown Castle International has a market cap of $25.1 billion and is part of the technology sector. Shares are up 1.6% year to date as of the close of trading on Friday. Currently there are 10 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 deteriorating net income, disappointing return on equity and premium valuation.

On the positive front, Wireless Telecom Group ( WTT), up 10.8%, ORBCOMM ( ORBC), up 8.0%, CommScope ( COMM), up 7.6% and Telecom Argentina ( TEO), up 6.4% , were all gainers within the telecommunications industry with America Movil S.A.B. de C.V ( AMX) 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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