5 Telecommunications Stocks Nudging 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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 15,368 as of Monday, May 20, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,885 issues advancing vs. 1,048 declining with 118 unchanged.

The Telecommunications industry currently sits up 0.4% versus the S&P 500, which is up 0.1%. Top gainers within the industry include BT Group ( BT), up 2.4%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), up 1.8%, Telecom Italia SpA ( TI), up 1.2%, China Telecom ( CHA), up 1.0% and NTT DoCoMo ( DCM), up 0.8%. A company within the industry that fell today was America Movil S.A.B. de C.V ( AMOV), up 1.02.

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

5. China Unicom (Hong Kong ( CHU) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, China Unicom (Hong Kong is up $0.17 (1.14) to $15.03 on average volume Thus far, 323,419 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 748,800 shares. The stock has ranged in price between $14.89-$15.09 after having opened the day at $14.89 as compared to the previous trading day's close of $14.86.

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 $34.8 billion and is part of the technology sector. The company has a P/E ratio of 30.8, above the S&P 500 P/E ratio of 17.7. Shares are down 8.8% year to date as of the close of trading on Friday. 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.

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.

4. As of noon trading, Mobile Telesystems OJSC ( MBT) is up $0.31 (1.54) to $20.42 on light volume Thus far, 541,987 shares of Mobile Telesystems OJSC exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $20.09-$20.55 after having opened the day at $20.12 as compared to the previous trading day's close of $20.11.

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 $20.0 billion and is part of the technology sector. The company has a P/E ratio of 19.7, above the S&P 500 P/E ratio of 17.7. Shares are up 7.8% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Mobile Telesystems OJSC a buy, no analysts rate 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 revenue growth, increase in stock price during the past year, increase in net income, growth in earnings per share and expanding profit margins. 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.

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.

3. As of noon trading, Nokia Oyj ( NOK) is up $0.06 (1.74) to $3.80 on light volume Thus far, 13.0 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 41.1 million shares. The stock has ranged in price between $3.74-$3.80 after having opened the day at $3.78 as compared to the previous trading day's close of $3.73.

Nokia Corporation operates as a mobile communications company worldwide. It operates in three segments: Devices & Services, HERE, and Nokia Siemens Networks. Nokia Oyj has a market cap of $13.8 billion and is part of the technology sector. Shares are down 5.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Nokia Oyj a buy, 7 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Nokia Oyj as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity. Get the full Nokia Oyj 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.

2. As of noon trading, Research in Motion ( BBRY) is up $0.54 (3.69) to $15.16 on light volume Thus far, 12.0 million shares of Research in Motion exchanged hands as compared to its average daily volume of 41.6 million shares. The stock has ranged in price between $14.53-$15.27 after having opened the day at $14.70 as compared to the previous trading day's close of $14.62.

Research In Motion Limited, doing business as BlackBerry, engages in the design, manufacture, and marketing of wireless solutions worldwide. Research in Motion has a market cap of $7.7 billion and is part of the technology sector. Shares are up 23.8% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Research in Motion a buy, 13 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow. Get the full Research in Motion 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.

1. As of noon trading, Research in Motion ( RIMM) is up $0.53 (3.63) to $15.15 on light volume Thus far, 12.0 million shares of Research in Motion exchanged hands as compared to its average daily volume of 54.8 million shares. The stock has ranged in price between $14.53-$15.27 after having opened the day at $14.70 as compared to the previous trading day's close of $14.62.

Research In Motion Limited designs, manufactures, and markets wireless solutions for the mobile communications market worldwide. Research in Motion has a market cap of $6.8 billion and is part of the technology sector. Shares are up 9.4% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Research in Motion a buy, 15 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and poor profit margins. Get the full Research in Motion 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.

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

More from Markets

Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Video: Stop Using Student Loan Money to Buy Bitcoin

Video: Stop Using Student Loan Money to Buy Bitcoin

Let the Najarian Brothers Crash-Proof Portfolio

Let the Najarian Brothers Crash-Proof Portfolio

Facebook Sends Facial Recognition Notification in Error

Facebook Sends Facial Recognition Notification in Error

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists