4 Stocks Pushing The Telecommunications Industry Lower

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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.2%) at 12,795 as of Monday, Nov. 12, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,283 issues advancing vs. 1,555 declining with 129 unchanged.

The Telecommunications industry currently sits down 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include America Movil S.A.B. de C.V ( AMOV), down 1.9%, American Tower ( AMT), down 0.7% and China Telecom ( CHA), down 0.7%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. NTT DoCoMo ( DCM) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, NTT DoCoMo is down $0.13 (-0.9%) to $14.33 on heavy volume Thus far, 855,727 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 400,200 shares. The stock has ranged in price between $14.26-$14.47 after having opened the day at $14.40 as compared to the previous trading day's close of $14.46.

NTT DOCOMO, INC. provides mobile telephone services over its long term evolution (LTE) and W-CDMA networks. NTT DoCoMo has a market cap of $60.3 billion and is part of the technology sector. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are down 21.2% year to date as of the close of trading on Friday. Currently there are no analysts that rate NTT DoCoMo a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NTT DoCoMo 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, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full NTT DoCoMo Ratings Report now.

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