Today's Stocks Driving Success For The Telecommunications Industry
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 44 points (0.3%) at 17,560 as of Monday, March 28, 2016, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,693 issues advancing vs. 1,250 declining with 166 unchanged.
The Telecommunications industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the industry include
(
), up 2.3%,
(
), up 1.8%,
(
TheStreet Recommends
), up 1.1% and
(
), up 0.8%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, BT Group is up $0.26 (0.8%) to $31.44 on light volume. Thus far, 47,636 shares of BT Group exchanged hands as compared to its average daily volume of 281,100 shares. The stock has ranged in price between $31.35-$31.49 after having opened the day at $31.49 as compared to the previous trading day's close of $31.18.
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.
BT Group plc provides communications services worldwide. BT Group has a market cap of $52.2 billion and is part of the technology sector. Shares are down 9.9% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate BT Group a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
BT Group
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
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.
2. As of noon trading,
(
) is up $0.38 (3.2%) to $12.35 on light volume. Thus far, 547,635 shares of Telefonica Brasil exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $12.12-$12.42 after having opened the day at $12.42 as compared to the previous trading day's close of $11.97.
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.
Telefonica Brasil S.A. provides fixed-line and mobile telecommunications services to residential and corporate customers in Brazil. Telefonica Brasil has a market cap of $20.2 billion and is part of the technology sector. Shares are up 32.6% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate Telefonica Brasil a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Telefonica Brasil
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full
Telefonica Brasil 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.
1. As of noon trading,
(
) is up $0.66 (0.8%) to $86.24 on light volume. Thus far, 647,643 shares of Crown Castle International exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $85.54-$86.29 after having opened the day at $85.75 as compared to the previous trading day's close of $85.58.
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.
Crown Castle International Corp., together with its subsidiaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. Crown Castle International has a market cap of $28.6 billion and is part of the technology sector. Shares are down 1.0% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate Crown Castle International a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Crown Castle International
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, growth in earnings per share and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
Crown Castle International 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
(
) while those bearish on the telecommunications industry could consider
ProShares Ult Sht Telecommunication
(
).
