TKC, CHU And VIV, 3 Telecommunications Stocks Pushing The Industry Lower

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.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Turkcell Iletisim Hizmetleri AS ( TKC) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Turkcell Iletisim Hizmetleri AS is down $0.56 (-3.8%) to $14.01 on average volume Thus far, 258,766 shares of Turkcell Iletisim Hizmetleri AS exchanged hands as compared to its average daily volume of 489,000 shares. The stock has ranged in price between $13.51-$14.07 after having opened the day at $13.57 as compared to the previous trading day's close of $14.57.

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 $13.2 billion and is part of the technology sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are down 9.7% year to date as of the close of trading on Wednesday. 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.

STOCKS TO BUY: 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, China Unicom (Hong Kong ( CHU) is down $0.23 (-1.7%) to $13.38 on light volume Thus far, 189,147 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 717,500 shares. The stock has ranged in price between $13.35-$13.42 after having opened the day at $13.37 as compared to the previous trading day's close of $13.61.

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 $32.2 billion and is part of the technology sector. The company has a P/E ratio of 28.5, above the S&P 500 P/E ratio of 17.7. Shares are down 16.5% year to date as of the close of trading on Wednesday. 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 find that the company's profit margins have been poor overall. Get the full China Unicom (Hong Kong Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Telefonica Brasil S.A ( VIV) is down $0.29 (-1.1%) to $24.97 on light volume Thus far, 375,987 shares of Telefonica Brasil S.A exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $24.95-$25.36 after having opened the day at $25.13 as compared to the previous trading day's close of $25.26.

Telefonica Brasil S.A. provides fixed-line telecommunications services to residential and commercial customers in Brazil. Telefonica Brasil S.A has a market cap of $28.5 billion and is part of the technology sector. The company has a P/E ratio of 6.5, below the S&P 500 P/E ratio of 17.7. Shares are up 5.0% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Telefonica Brasil S.A a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Telefonica Brasil S.A 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, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Telefonica Brasil S.A Ratings Report now.

STOCKS TO BUY: 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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