4 Telecommunications Stocks Moving The Industry Upward

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 87 points (-0.6%) at 14,874 as of Thursday, June 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,603 declining with 125 unchanged.

The Telecommunications industry currently sits up 0.1% versus the S&P 500, which is down 0.38. Top gainers within the industry include American Tower ( AMT), up 1.8%, and Verizon Communications ( VZ), up 1.8%.

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

4. NTT DoCoMo ( DCM) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, NTT DoCoMo is up $0.17 (1.16) to $14.79 on light volume Thus far, 91,110 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 340,100 shares. The stock has ranged in price between $14.66-$14.82 after having opened the day at $14.68 as compared to the previous trading day's close of $14.62.

NTT DOCOMO, INC. provides mobile telephone services over its long term evolution and W-CDMA networks. NTT DoCoMo has a market cap of $60.9 billion and is part of the technology sector. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are up 1.5% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate NTT DoCoMo a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NTT DoCoMo as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full NTT DoCoMo Ratings Report now.

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3. As of noon trading, BT Group ( BT) is up $1.75 (3.88) to $46.85 on average volume Thus far, 62,970 shares of BT Group exchanged hands as compared to its average daily volume of 143,700 shares. The stock has ranged in price between $46.71-$47.00 after having opened the day at $46.74 as compared to the previous trading day's close of $45.10.

BT Group plc provides communications solutions and services worldwide. It operates in four segments: BT Global Services, BT Retail, BT Wholesale, and Openreach. The BT Global Services segment provides managed networked IT services to large corporate and public sector customers. BT Group has a market cap of $35.6 billion and is part of the technology sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 18.6% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate BT Group a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates BT Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full BT Group Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Nippon Telegraph & Telephone ( NTT) is up $0.12 (0.48) to $25.27 on light volume Thus far, 109,915 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 495,200 shares. The stock has ranged in price between $25.09-$25.32 after having opened the day at $25.14 as compared to the previous trading day's close of $25.15.

Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunications equipment, and system integration and other telecommunications-related services in Japan. Nippon Telegraph & Telephone has a market cap of $60.0 billion and is part of the technology sector. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 19.6% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Nippon Telegraph & Telephone a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nippon Telegraph & Telephone as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, increase in stock price during the past year, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Nippon Telegraph & Telephone Ratings Report now.

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1. As of noon trading, LM Ericsson Telephone Company ( ERIC) is up $0.15 (1.29) to $11.82 on average volume Thus far, 2.1 million shares of LM Ericsson Telephone Company exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $11.72-$11.85 after having opened the day at $11.75 as compared to the previous trading day's close of $11.67.

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 $39.3 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 17.6% year to date as of the close of trading on Wednesday. Currently there are 3 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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