All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 34 points (-0.2%) at 16,609 as of Monday, Aug. 31, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,471 issues advancing vs. 1,509 declining with 154 unchanged.

The Telecommunications industry currently sits up 0.3% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include

China Unicom (Hong Kong

(

CHU

), down 1.9%,

Telecom Italia SpA

(

TI

), down 1.6%,

China Telecom

(

CHA

), down 1.2%,

America Movil SAB de CV

(

AMOV

), down 1.1% and

Telefonica

(

TEF

), down 0.8%.

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

3.

Nokia Oyj

(

NOK

) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Nokia Oyj is down $0.06 (-1.0%) to $6.26 on average volume. Thus far, 5.7 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 12.3 million shares. The stock has ranged in price between $6.18-$6.28 after having opened the day at $6.26 as compared to the previous trading day's close of $6.32.

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Nokia Corporation, together with its subsidiaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally. Nokia Oyj has a market cap of $23.2 billion and is part of the technology sector. Shares are down 19.6% year-to-date as of the close of trading on Friday. Currently there are 4 analysts that rate Nokia Oyj a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Nokia Oyj

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full

Nokia Oyj Ratings Report

TheStreet Recommends

now.

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2. As of noon trading,

America Movil SAB de CV

(

AMX

) is down $0.24 (-1.3%) to $18.17 on light volume. Thus far, 1.0 million shares of America Movil SAB de CV exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $17.85-$18.21 after having opened the day at $18.16 as compared to the previous trading day's close of $18.41.

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America Movil, S.A.B. de C.V. provides telecommunications services in Mexico and internationally. It offers mobile and fixed voice services, including airtime, local, domestic, and international long-distance services, as well as network interconnection and public telephony services. America Movil SAB de CV has a market cap of $62.4 billion and is part of the technology sector. Shares are down 17.0% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate America Movil SAB de CV a buy, 3 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

America Movil SAB de CV

as a

hold

. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and feeble growth in the company's earnings per share. Get the full

America Movil SAB de CV Ratings Report

now.

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1. As of noon trading,

American Tower

(

AMT

) is down $0.64 (-0.7%) to $92.81 on light volume. Thus far, 711,448 shares of American Tower exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $92.67-$93.54 after having opened the day at $93.28 as compared to the previous trading day's close of $93.45.

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American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. American Tower has a market cap of $39.7 billion and is part of the financial sector. Shares are down 5.5% year-to-date as of the close of trading on Friday. Currently there are 17 analysts that rate American Tower a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

American Tower

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

American Tower Ratings Report

now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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

).