4 Telecommunications Stocks Pushing The 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 84 points (0.6%) at 15,176 as of Tuesday, May 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,014 issues advancing vs. 928 declining with 109 unchanged.

The Telecommunications industry currently sits up 0.3% versus the S&P 500, which is up 0.9%. Top gainers within the industry include China Telecom ( CHA), up 1.9%, Nippon Telegraph & Telephone ( NTT), up 1.4%, BT Group ( BT), up 1.3% and American Tower ( AMT), up 0.9%. On the negative front, top decliners within the industry include Nokia Oyj ( NOK), down 5.73, Portugal Telecom ( PT), down 5.14, Telecom Italia SpA ( TI.A), down 2.22 and America Movil S.A.B. de C.V ( AMOV), down 0.85.

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

4. Turkcell Iletisim Hizmetleri AS ( TKC) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Turkcell Iletisim Hizmetleri AS is up $0.37 (2.39) to $15.82 on average volume Thus far, 184,491 shares of Turkcell Iletisim Hizmetleri AS exchanged hands as compared to its average daily volume of 475,900 shares. The stock has ranged in price between $15.61-$15.86 after having opened the day at $15.62 as compared to the previous trading day's close of $15.45.

Turkcell Iletisim Hizmetleri A.S. engages in establishing and operating a global system for mobile communications network primarily in Turkey. It provides mobile voice, broadband, and other services on postpaid and prepaid basis. Turkcell Iletisim Hizmetleri AS has a market cap of $13.5 billion and is part of the technology sector. The company has a P/E ratio of 11.5, below the S&P 500 P/E ratio of 17.7. Shares are down 4.3% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Turkcell Iletisim Hizmetleri AS a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Turkcell Iletisim Hizmetleri AS as a buy. 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, notable return on equity, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Turkcell Iletisim Hizmetleri AS Ratings Report now.

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3. As of noon trading, Philippine Long Distance Telephone ( PHI) is up $2.33 (3.08) to $77.89 on heavy volume Thus far, 143,584 shares of Philippine Long Distance Telephone exchanged hands as compared to its average daily volume of 128,400 shares. The stock has ranged in price between $77.44-$78.14 after having opened the day at $77.50 as compared to the previous trading day's close of $75.56.

Philippine Long Distance Telephone Company provides telecommunication services in the Philippines. Philippine Long Distance Telephone has a market cap of $16.3 billion and is part of the technology sector. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 23.0% year to date as of the close of trading on Monday. 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Philippine Long Distance Telephone Ratings Report now.

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2. As of noon trading, China Unicom (Hong Kong ( CHU) is up $0.30 (2.03) to $14.82 on light volume Thus far, 184,488 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 738,400 shares. The stock has ranged in price between $14.60-$14.88 after having opened the day at $14.62 as compared to the previous trading day's close of $14.53.

China Unicom (Hong Kong) Limited, an investment holding company, engages in the provision of cellular, fixed line, and broadband services in China. China Unicom (Hong Kong has a market cap of $34.5 billion and is part of the technology sector. The company has a P/E ratio of 30.5, above the S&P 500 P/E ratio of 17.7. Shares are down 10.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate China Unicom (Hong Kong a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates China Unicom (Hong Kong as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full China Unicom (Hong Kong Ratings Report now.

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1. As of noon trading, Verizon Communications ( VZ) is up $0.47 (0.89) to $53.02 on light volume Thus far, 3.1 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 13.5 million shares. The stock has ranged in price between $52.41-$53.07 after having opened the day at $52.50 as compared to the previous trading day's close of $52.55.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $157.0 billion and is part of the technology sector. The company has a P/E ratio of 132.2, above the S&P 500 P/E ratio of 17.7. Shares are up 21.4% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and solid stock price performance. 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 Verizon Communications Ratings Report now.

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If you are interested in one of these 4 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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