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 ( TSU) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 1.9%. By the end of trading, Tim rose $0.75 (3.0%) to $25.76 on average volume. Throughout the day, 1,462,464 shares of Tim exchanged hands as compared to its average daily volume of 1,194,600 shares. The stock ranged in a price between $24.70-$25.92 after having opened the day at $24.95 as compared to the previous trading day's close of $25.01. Other companies within the Telecommunications industry that increased today were: Premiere Global Services ( PGI), up 7.7%, Clearfield ( CLFD), up 7.4%, NTT DoCoMo ( DCM), up 5.2% and Loral Space & Communications ( LORL), up 3.3%.
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 has a market cap of $12.1 billion and is part of the technology sector. Shares are down 4.7% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Tim a buy, no analysts rate it a sell, and 4 rate it a hold. TheStreet Ratings rates Tim 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.