3 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 62 points (-0.4%) at 15,060 as of Wednesday, June 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 760 issues advancing vs. 2,254 declining with 88 unchanged.

The Telecommunications industry currently sits down 0.62 versus the S&P 500, which is down 0.61. A company within the industry that increased today was Telefonica ( TEF), up 0.52. On the negative front, top decliners within the industry include China Telecom ( CHA), down 0.91, America Movil S.A.B. de C.V ( AMX), down 0.40 and America Movil S.A.B. de C.V ( AMOV), down 0.44.

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

3. 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 $0.80 (5.82) to $14.46 on heavy volume Thus far, 350,177 shares of Turkcell Iletisim Hizmetleri AS exchanged hands as compared to its average daily volume of 449,700 shares. The stock has ranged in price between $14.14-$14.55 after having opened the day at $14.22 as compared to the previous trading day's close of $13.66.

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 $12.2 billion and is part of the technology sector. The company has a P/E ratio of 10.5, below the S&P 500 P/E ratio of 17.7. Shares are down 15.4% year to date as of the close of trading on Tuesday. 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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2. As of noon trading, BT Group ( BT) is up $0.87 (1.83) to $48.29 on average volume Thus far, 80,586 shares of BT Group exchanged hands as compared to its average daily volume of 135,600 shares. The stock has ranged in price between $48.25-$49.11 after having opened the day at $48.92 as compared to the previous trading day's close of $47.42.

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 $37.7 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 24.7% year to date as of the close of trading on Tuesday. 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.

1. As of noon trading, Nippon Telegraph & Telephone ( NTT) is up $0.14 (0.54) to $25.94 on light volume Thus far, 97,938 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 491,600 shares. The stock has ranged in price between $25.91-$26.09 after having opened the day at $26.00 as compared to the previous trading day's close of $25.80.

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 $62.0 billion and is part of the technology sector. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7. Shares are up 22.7% year to date as of the close of trading on Tuesday. 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.

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 3 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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