5 Stocks Raising 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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 15,089 as of Monday, May 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,245 issues advancing vs. 1,704 declining with 112 unchanged.

The Telecommunications industry currently sits up 0.6% versus the S&P 500, which is unchanged. A company within the industry that fell today was China Telecom ( CHA), up 1.84.

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

5. Tim Holding Company ( TSU) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Tim Holding Company is up $0.47 (2.36) to $20.31 on average volume Thus far, 383,792 shares of Tim Holding Company exchanged hands as compared to its average daily volume of 938,700 shares. The stock has ranged in price between $19.97-$20.34 after having opened the day at $19.99 as compared to the previous trading day's close of $19.84.

TIM Participacoes S.A., through its subsidiaries, provides mobile telecommunications services using digital technologies to business and individual customers in Brazil. The company offers mobile, fixed and long distance telephony, data transmission and Internet services. Tim Holding Company has a market cap of $9.8 billion and is part of the technology sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are up 3.8% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Tim Holding Company a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Tim Holding Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Tim Holding Company Ratings Report now.

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