Telefonica Brasil SA (VIV): 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.

Telefonica Brasil ( VIV) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Telefonica Brasil fell $0.26 (-1.2%) to $21.15 on light volume. Throughout the day, 833,681 shares of Telefonica Brasil exchanged hands as compared to its average daily volume of 2,088,600 shares. The stock ranged in price between $21.01-$21.40 after having opened the day at $21.32 as compared to the previous trading day's close of $21.41. Other companies within the Telecommunications industry that declined today were: Vocera Communications ( VCRA), down 6.9%, Ambient ( AMBT), down 6.6%, Mavenir Systems ( MVNR), down 6.4% and DSP Group ( DSPG), down 5.5%.

Telefonica Brasil S.A. provides fixed-line telecommunications services to residential and commercial customers in Brazil. Telefonica Brasil has a market cap of $24.0 billion and is part of the technology sector. The company has a P/E ratio of 6.5, below the S&P 500 P/E ratio of 17.7. Shares are up 11.3% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Telefonica Brasil a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Telefonica Brasil as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the positive front, Blonder Tongue Laboratories ( BDR), up 9.1%, Wi-Lan ( WILN), up 6.3%, RigNet ( RNET), up 5.8% and Sky-mobi ( MOBI), up 4.9% , were all gainers within the telecommunications industry with Crown Castle International ( CCI) 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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