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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 35 points (0.3%) at 14,006 as of Tuesday, Feb. 12, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,786 issues advancing vs. 1,060 declining with 154 unchanged.

The Telecommunications industry currently sits up 0.3% versus the S&P 500, which is up 0.1%.

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

4. VimpelCom ( VIP) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, VimpelCom is down $0.15 (-1.2%) to $12.40 on average volume Thus far, 513,718 shares of VimpelCom exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $12.35-$12.60 after having opened the day at $12.54 as compared to the previous trading day's close of $12.55.

VimpelCom Ltd., a telecommunications service operator, provides voice and data services through a range of traditional and broadband mobile and fixed technologies. VimpelCom has a market cap of $20.0 billion and is part of the technology sector. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are up 17.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate VimpelCom a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates VimpelCom as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity. Get the full VimpelCom Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

3. As of noon trading, Mobile Telesystems OJSC ( MBT) is down $0.46 (-2.2%) to $20.02 on average volume Thus far, 1.1 million shares of Mobile Telesystems OJSC exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $19.94-$20.30 after having opened the day at $20.28 as compared to the previous trading day's close of $20.48.

Mobile TeleSystems OJSC, together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Armenia, and Belarus. Mobile Telesystems OJSC has a market cap of $20.3 billion and is part of the technology sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are up 9.3% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Mobile Telesystems OJSC a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Mobile Telesystems OJSC as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Mobile Telesystems OJSC Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

2. As of noon trading, Crown Castle International ( CCI) is down $1.17 (-1.7%) to $68.86 on average volume Thus far, 1.1 million shares of Crown Castle International exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $68.70-$70.09 after having opened the day at $70.03 as compared to the previous trading day's close of $70.03.

Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. Crown Castle International has a market cap of $20.8 billion and is part of the technology sector. The company has a P/E ratio of 110.6, above the S&P 500 P/E ratio of 17.7. Shares are down 1.9% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Crown Castle International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Crown Castle International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and premium valuation. Get the full Crown Castle International Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

1. As of noon trading, Qualcomm ( QCOM) is down $1.40 (-2.1%) to $65.78 on average volume Thus far, 8.2 million shares of Qualcomm exchanged hands as compared to its average daily volume of 12.2 million shares. The stock has ranged in price between $65.53-$66.37 after having opened the day at $66.36 as compared to the previous trading day's close of $67.18.

QUALCOMM Incorporated designs, develops, manufactures, and markets digital telecommunications products and services. It operates in four segments: QCT, QTL, QWI, and QSI. Qualcomm has a market cap of $115.0 billion and is part of the technology sector. The company has a P/E ratio of 20.0, above the S&P 500 P/E ratio of 17.7. Shares are up 8.2% year to date as of the close of trading on Monday. Currently there are 31 analysts that rate Qualcomm a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Qualcomm as a buy. 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, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Qualcomm Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

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.
null

If you liked this article you might like

VimpleCom Stock Rising as Shareholders Approve Name Change

VimpleCom Stock Rising as Shareholders Approve Name Change

5 Big-Volume Stocks to Add to Your Buy List -- Plus 2 to Avoid

5 Big-Volume Stocks to Add to Your Buy List -- Plus 2 to Avoid

One Reason Why VimpelCom (VIP) Stock Is Falling Today

One Reason Why VimpelCom (VIP) Stock Is Falling Today

VimpelCom (VIP) Stock Slumps on Common Offering

VimpelCom (VIP) Stock Slumps on Common Offering

Single and Strong: Telecoms Bouygues, Iliad Rise on Earnings

Single and Strong: Telecoms Bouygues, Iliad Rise on Earnings