5 Stocks Pushing The Telecommunications Industry Higher

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 28 points (-0.2%) at 13,217 as of Thursday, Dec. 13, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,125 issues advancing vs. 1,742 declining with 157 unchanged.

The Telecommunications industry currently sits up 0.5% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Telefonica ( TEF), up 1.2%, and BT Group ( BT), up 1.2%. A company within the industry that fell today was China Telecom ( CHA), up 0.7%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Telefonica Brasil S.A ( VIV) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Telefonica Brasil S.A is up $0.18 (0.8%) to $22.16 on light volume Thus far, 462,005 shares of Telefonica Brasil S.A exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $21.87-$22.28 after having opened the day at $21.90 as compared to the previous trading day's close of $21.98.

Telefonica Brasil, S.A. provides fixed-line telecommunications services to residential and commercial customers in the state of Sao Paulo, Brazil. Telefonica Brasil S.A has a market cap of $24.7 billion and is part of the technology sector. The company has a P/E ratio of 6.5, below the S&P 500 P/E ratio of 17.7. Shares are down 19.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Telefonica Brasil S.A a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Telefonica Brasil S.A as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and a generally disappointing performance in the stock itself. Get the full Telefonica Brasil S.A Ratings Report now.

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4. As of noon trading, Ericsson Telephone Company ( ERIC) is up $0.11 (1.1%) to $9.75 on average volume Thus far, 2.4 million shares of Ericsson Telephone Company exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $9.74-$9.84 after having opened the day at $9.78 as compared to the previous trading day's close of $9.64.

Ericsson provides communications equipment, professional services, and multimedia solutions to mobile and fixed networks operators worldwide. Ericsson Telephone Company has a market cap of $32.4 billion and is part of the technology sector. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are down 3.2% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Ericsson Telephone Company a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Ericsson Telephone Company as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Ericsson Telephone Company Ratings Report now.

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3. As of noon trading, Siemens ( SI) is up $0.62 (0.6%) to $107.45 on light volume Thus far, 104,859 shares of Siemens exchanged hands as compared to its average daily volume of 393,400 shares. The stock has ranged in price between $107.16-$107.83 after having opened the day at $107.45 as compared to the previous trading day's close of $106.83.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. Siemens has a market cap of $91.3 billion and is part of the technology sector. The company has a P/E ratio of 32.1, above the S&P 500 P/E ratio of 17.7. Shares are up 11.7% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Siemens a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Siemens as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and feeble growth in the company's earnings per share. Get the full Siemens Ratings Report now.

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2. As of noon trading, Clearwire ( CLWR) is up $0.39 (14.2%) to $3.14 on heavy volume Thus far, 85.3 million shares of Clearwire exchanged hands as compared to its average daily volume of 21.5 million shares. The stock has ranged in price between $3.03-$3.16 after having opened the day at $3.11 as compared to the previous trading day's close of $2.75.

Clearwire Corporation, through its subsidiaries, provides fourth generation wireless broadband services in the United States. The company builds and operates mobile broadband networks that offer high-speed mobile Internet and residential Internet access services. Clearwire has a market cap of $1.9 billion and is part of the technology sector. Shares are up 41.8% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Clearwire a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Clearwire as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins and generally high debt management risk. Get the full Clearwire Ratings Report now.

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1. As of noon trading, Research in Motion ( RIMM) is up $0.66 (5.0%) to $13.97 on heavy volume Thus far, 35.9 million shares of Research in Motion exchanged hands as compared to its average daily volume of 32.3 million shares. The stock has ranged in price between $13.44-$14.04 after having opened the day at $13.45 as compared to the previous trading day's close of $13.31.

Research In Motion Limited designs, manufactures, and markets wireless solutions for the mobile communications market worldwide. Research in Motion has a market cap of $6.5 billion and is part of the technology sector. Shares are down 13.1% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Research in Motion a buy, 12 analysts rate it a sell, and 17 rate it a hold.

TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself. Get the full Research in Motion Ratings Report now.

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If you are interested in one of these 5 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).

A reminder about TheStreet Ratings group: 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.

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