3 Telecommunications Stocks Dragging The Industry Down - TheStreet

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.

One out of the three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 12 points (0.1%) at 17,830 as of Tuesday, Nov. 25, 2014, 12:15 PM ET. The NYSE advances/declines ratio sits at 1,420 issues advancing vs. 1,510 declining with 216 unchanged.

The Telecommunications industry currently sits up 0.4% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include

China Telecom

(

CHA

), down 1.3%,

Chunghwa Telecom

(

CHT

), down 0.9% and

Verizon Communications

(

VZ

), down 0.4%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3.

VimpelCom

(

VIP

) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, VimpelCom is down $0.21 (-3.5%) to $5.84 on light volume. Thus far, 505,412 shares of VimpelCom exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $5.80-$6.00 after having opened the day at $5.87 as compared to the previous trading day's close of $6.06.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

VimpelCom Ltd., a telecommunications service operator, provides voice and data services through a range of traditional and broadband mobile and fixed technologies. It operates in five segments: Russia, Italy, Africa & Asia, Ukraine, and the Commonwealth of Independent States. VimpelCom has a market cap of $10.5 billion and is part of the technology sector. Shares are down 53.2% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate VimpelCom a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates

VimpelCom

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full

VimpelCom Ratings Report

now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading,

CenturyLink

(

CTL

) is down $0.45 (-1.1%) to $39.83 on average volume. Thus far, 1.4 million shares of CenturyLink exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $39.22-$40.25 after having opened the day at $40.15 as compared to the previous trading day's close of $40.28.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

CenturyLink, Inc. operates as an integrated telecommunications company in the United States. The company operates through four segments: Consumer, Business, Wholesale, and Data Hosting. CenturyLink has a market cap of $23.1 billion and is part of the technology sector. Shares are up 26.5% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate CenturyLink a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

CenturyLink

as a

buy

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, solid stock price performance, impressive record of earnings per share growth, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full

CenturyLink Ratings Report

now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading,

Level 3 Communications

(

LVLT

) is down $1.42 (-2.8%) to $48.63 on average volume. Thus far, 1.5 million shares of Level 3 Communications exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $48.21-$49.50 after having opened the day at $49.36 as compared to the previous trading day's close of $50.05.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Level 3 Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, Europe, the Middle East, and Africa. Level 3 Communications has a market cap of $16.8 billion and is part of the technology sector. Shares are up 50.9% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that rate Level 3 Communications a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Level 3 Communications

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full

Level 3 Communications Ratings Report

now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, 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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