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Research In Motion Ltd (BBRY): Today's Highlighted Laggard In Telecommunications

Tickers in this article: BBRY

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Research in Motion (BBRY) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 1.6%. By the end of trading, Research in Motion fell 16 cents (-1.1%) to $14.69 on light volume. Throughout the day, 36.5 million shares of Research in Motion exchanged hands as compared to its average daily volume of 67.5 million shares. The stock ranged in price between $14.47-$14.99 after having opened the day at $14.86 as compared to the previous trading day's close of $14.85. Other companies within the Telecommunications industry that declined today were: Telestone Technologies Corporation (TSTC), down 14.4%, Dialogic (DLGC), down 5.3%, NTS (NTS), down 4.7%, and Zoom Technologies (ZOOM), down 4.3%.

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Research In Motion Limited, doing business as BlackBerry, engages in the design, manufacture, and marketing of wireless solutions worldwide. Research in Motion has a market cap of $7.69 billion and is part of the technology sector. Shares are up 23.6% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate Research in Motion a buy, 13 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow.

On the positive front, DragonWave (DRWI), up 28.4%, Adtran (ADTN), up 13.9%, NII Holdings (NIHD), up 13.9%, and Net Element International (NETE), up 11.2%, were all gainers within the telecommunications industry with Verizon Communications (VZ) 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).

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