All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 147 points (0.8%) at 17,675 as of Tuesday, Dec. 29, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,002 issues advancing vs. 966 declining with 152 unchanged.

The Telecommunications industry currently sits up 0.5% versus the S&P 500, which is up 0.9%. Top gainers within the industry include

America Movil SAB de CV

(

AMOV

), up 1.5%,

Nippon Telegraph & Telephone

(

NTT

), up 1.1%,

American Tower

(

AMT

), up 1.0%,

NTT DoCoMo

(

DCM

), up 1.0% and

BT Group

(

BT

), up 0.7%.

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

3.

Nokia Oyj

(

NOK

) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Nokia Oyj is up $0.12 (1.6%) to $7.20 on average volume. Thus far, 4.1 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 10.3 million shares. The stock has ranged in price between $7.16-$7.20 after having opened the day at $7.18 as compared to the previous trading day's close of $7.08.

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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 $26.2 billion and is part of the technology sector. Shares are down 9.9% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Nokia Oyj a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Nokia Oyj

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations 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

Nokia Oyj Ratings Report

now.

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2. As of noon trading,

Verizon Communications

(

VZ

) is up $0.35 (0.8%) to $47.10 on light volume. Thus far, 2.5 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 13.4 million shares. The stock has ranged in price between $46.84-$47.15 after having opened the day at $46.98 as compared to the previous trading day's close of $46.75.

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Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $190.1 billion and is part of the technology sector. Shares are down 0.1% year-to-date as of the close of trading on Monday. Currently there are 15 analysts who rate Verizon Communications a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Verizon Communications

as a

buy

. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full

Verizon Communications Ratings Report

now.

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1. As of noon trading,

Qualcomm

(

QCOM

) is up $1.10 (2.2%) to $50.68 on light volume. Thus far, 3.8 million shares of Qualcomm exchanged hands as compared to its average daily volume of 14.2 million shares. The stock has ranged in price between $50.07-$50.81 after having opened the day at $50.16 as compared to the previous trading day's close of $49.58.

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QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. Qualcomm has a market cap of $74.5 billion and is part of the technology sector. Shares are down 33.3% year-to-date as of the close of trading on Monday. Currently there are 13 analysts who rate Qualcomm a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates

Qualcomm

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full

Qualcomm 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

).