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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 42 points (0.3%) at 14,338 as of Thursday, March 7, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,674 issues advancing vs. 1,197 declining with 153 unchanged.

The Telecommunications industry currently sits up 0.5% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include BT Group ( BT), down 0.8%, and NTT DoCoMo ( DCM), down 0.5%. Top gainers within the industry include Telecom Italia SpA ADR ( TI.A), up 4.3%, Telecom Italia SpA ( TI), up 3.4% and Siemens ( SI), up 1.0%.

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

4. P.T. Telekomunikasi Indonesia Tbk ( TLK) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, P.T. Telekomunikasi Indonesia Tbk is down $0.59 (-1.3%) to $43.74 on heavy volume Thus far, 164,202 shares of P.T. Telekomunikasi Indonesia Tbk exchanged hands as compared to its average daily volume of 214,500 shares. The stock has ranged in price between $43.00-$43.75 after having opened the day at $43.50 as compared to the previous trading day's close of $44.33.

PT Telekomunikasi Indonesia Tbk and its subsidiaries provide telecommunication and network services worldwide. P.T. Telekomunikasi Indonesia Tbk has a market cap of $22.0 billion and is part of the technology sector. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7. Shares are up 20.0% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate P.T. Telekomunikasi Indonesia Tbk a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates P.T. Telekomunikasi Indonesia Tbk as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, expanding profit margins and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full P.T. Telekomunikasi Indonesia Tbk Ratings Report now.

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3. As of noon trading, Rogers Communications ( RCI) is down $0.68 (-1.4%) to $47.41 on average volume Thus far, 148,218 shares of Rogers Communications exchanged hands as compared to its average daily volume of 280,800 shares. The stock has ranged in price between $47.34-$48.51 after having opened the day at $48.43 as compared to the previous trading day's close of $48.09.

Rogers Communications Inc. operates as a communications and media company in Canada. The company's Wireless segment offers voice and high-speed data services, as well mobile devices and accessories. It markets its products and services under the Rogers, Fido, and chatr brands. Rogers Communications has a market cap of $19.4 billion and is part of the technology sector. The company has a P/E ratio of 16.4, below the S&P 500 P/E ratio of 17.7. Shares are up 5.6% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Rogers Communications a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Rogers Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and increase in net income. 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 Rogers Communications Ratings Report now.

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2. As of noon trading, Nippon Telegraph & Telephone ( NTT) is down $0.41 (-1.8%) to $22.93 on light volume Thus far, 199,014 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 666,700 shares. The stock has ranged in price between $22.90-$23.01 after having opened the day at $22.96 as compared to the previous trading day's close of $23.34.

Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunications equipment, and system integration and other telecommunications-related services in Japan. Nippon Telegraph & Telephone has a market cap of $55.3 billion and is part of the technology sector. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7. Shares are up 11.0% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Nippon Telegraph & Telephone a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nippon Telegraph & Telephone as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Nippon Telegraph & Telephone Ratings Report now.

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1. As of noon trading, CenturyLink ( CTL) is down $0.58 (-1.7%) to $34.48 on average volume Thus far, 3.7 million shares of CenturyLink exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $34.18-$34.96 after having opened the day at $34.84 as compared to the previous trading day's close of $35.06.

CenturyLink, Inc. operates as an integrated telecommunications company in the United States. The company provides local and long-distance, network access, private line, public access, broadband, data, managed hosting, colocation, wireless, and video services to consumers and businesses. CenturyLink has a market cap of $22.0 billion and is part of the technology sector. The company has a P/E ratio of 23.2, above the S&P 500 P/E ratio of 17.7. Shares are down 9.9% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate CenturyLink a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates CenturyLink as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, reasonable valuation levels, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full CenturyLink Ratings Report now.

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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).

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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