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 115 points (0.8%) at 14,816 as of Thursday, May 2, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,190 issues advancing vs. 733 declining with 109 unchanged. The Telecommunications industry currently sits up 0.9% versus the S&P 500, which is up 0.8%. Top gainers within the industry include America Movil S.A.B. de C.V ( AMX), up 2.1%, America Movil S.A.B. de C.V ( AMOV), up 1.9% and Qualcomm ( QCOM), up 1.3%. TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today: 3. Philippine Long Distance Telephone ( PHI) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Philippine Long Distance Telephone is up $1.68 (2.29) to $74.92 on average volume Thus far, 49,928 shares of Philippine Long Distance Telephone exchanged hands as compared to its average daily volume of 126,500 shares. The stock has ranged in price between $73.99-$74.98 after having opened the day at $74.03 as compared to the previous trading day's close of $73.24. Philippine Long Distance Telephone Company provides telecommunication services in the Philippines. Philippine Long Distance Telephone has a market cap of $15.9 billion and is part of the technology sector. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7. Shares are up 19.5% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Philippine Long Distance Telephone a buy, no analysts rate it a sell, and 1 rates it a hold. TheStreet Ratings rates Philippine Long Distance Telephone as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, notable return on equity and good cash flow from operations. 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 Philippine Long Distance Telephone Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.