3 Stocks Raising The Telecommunications Industry Higher

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.

All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 6 points (0.0%) at 17,679 as of Monday, Jan. 26, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,130 issues advancing vs. 953 declining with 135 unchanged.

The Telecommunications industry as a whole closed the day up 0.4% versus the S&P 500, which was up 0.3%. Top gainers within the Telecommunications industry included Glowpoint ( GLOW), up 2.7%, RIT Technologies ( RITT), up 54.2%, WPCS International ( WPCS), up 21.0%, Optical Cable ( OCC), up 7.1% and RRSat Global Communications Network ( RRST), up 3.5%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

WPCS International ( WPCS) is one of the companies that pushed the Telecommunications industry higher today. WPCS International was up $0.04 (21.0%) to $0.23 on heavy volume. Throughout the day, 288,403 shares of WPCS International exchanged hands as compared to its average daily volume of 192,100 shares. The stock ranged in a price between $0.18-$0.23 after having opened the day at $0.20 as compared to the previous trading day's close of $0.19.

WPCS International has a market cap of $2.5 million and is part of the technology sector. Shares are down 31.7% year-to-date as of the close of trading on Friday.

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At the close, RIT Technologies ( RITT) was up $0.52 (54.2%) to $1.48 on heavy volume. Throughout the day, 3,221,421 shares of RIT Technologies exchanged hands as compared to its average daily volume of 25,600 shares. The stock ranged in a price between $1.23-$1.74 after having opened the day at $1.34 as compared to the previous trading day's close of $0.96.

RIT Technologies has a market cap of $12.8 million and is part of the technology sector. Shares are unchanged year-to-date as of the close of trading on Friday.

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Glowpoint ( GLOW) was another company that pushed the Telecommunications industry higher today. Glowpoint was up $0.03 (2.7%) to $1.05 on light volume. Throughout the day, 8,933 shares of Glowpoint exchanged hands as compared to its average daily volume of 18,800 shares. The stock ranged in a price between $1.03-$1.08 after having opened the day at $1.03 as compared to the previous trading day's close of $1.02.

Glowpoint has a market cap of $37.2 million and is part of the technology sector. Shares are down 7.3% year-to-date as of the close of trading on Friday.

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.

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