Today's Stocks Driving Success For The Telecommunications Industry

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 153 points (1.0%) at 15,456 as of Tuesday, May 28, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,106 issues advancing vs. 846 declining with 109 unchanged.

The Telecommunications industry currently sits up 0.8% versus the S&P 500, which is up 0.9%. Top gainers within the industry include China Telecom ( CHA), up 1.7%, and America Movil S.A.B. de C.V ( AMOV), up 1.6%.

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

5. 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 $0.44 (2.77) to $16.31 on average volume Thus far, 273,581 shares of Turkcell Iletisim Hizmetleri AS exchanged hands as compared to its average daily volume of 486,400 shares. The stock has ranged in price between $16.04-$16.49 after having opened the day at $16.04 as compared to the previous trading day's close of $15.87.

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 $14.0 billion and is part of the technology sector. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are down 1.7% year to date as of the close of trading on Friday. 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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4. As of noon trading, China Unicom (Hong Kong ( CHU) is up $0.17 (1.21) to $14.27 on light volume Thus far, 215,443 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 726,000 shares. The stock has ranged in price between $14.23-$14.34 after having opened the day at $14.23 as compared to the previous trading day's close of $14.10.

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 $33.2 billion and is part of the technology sector. The company has a P/E ratio of 29.4, above the S&P 500 P/E ratio of 17.7. Shares are down 13.4% 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, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full China Unicom (Hong Kong Ratings Report now.

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3. As of noon trading, Telefonica ( TEF) is up $0.28 (2.02) to $14.17 on light volume Thus far, 613,715 shares of Telefonica exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $14.16-$14.35 after having opened the day at $14.30 as compared to the previous trading day's close of $13.89.

Telefonica, S.A. provides fixed and mobile communication services primarily in Europe and Latin America. Telefonica has a market cap of $63.2 billion and is part of the technology sector. Shares are up 3.0% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Telefonica a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Telefonica as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, increase in stock price during the past year and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Telefonica Ratings Report now.

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2. As of noon trading, LM Ericsson Telephone Company ( ERIC) is up $0.27 (2.32) to $11.91 on average volume Thus far, 2.4 million shares of LM Ericsson Telephone Company exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $11.90-$12.12 after having opened the day at $12.09 as compared to the previous trading day's close of $11.64.

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates in four segments: Networks, Global Services, Support Solutions, and ST-Ericsson. LM Ericsson Telephone Company has a market cap of $38.5 billion and is part of the technology sector. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are up 15.2% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate LM Ericsson Telephone Company a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates LM Ericsson Telephone Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full LM Ericsson Telephone Company 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, America Movil S.A.B. de C.V ( AMX) is up $0.19 (0.95) to $20.21 on light volume Thus far, 2.1 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 10.2 million shares. The stock has ranged in price between $19.98-$20.31 after having opened the day at $20.06 as compared to the previous trading day's close of $20.02.

America Movil, S.A.B. de C.V. provides telecommunications services in the United States, Latin America, and the Caribbean. It offers mobile and fixed voice services, including airtime, local, long-distance services, public telephony services, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $75.9 billion and is part of the technology sector. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are down 13.5% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates America Movil S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full America Movil S.A.B. de C.V 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.

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