5 Telecommunications Stocks Dragging The Industry Down

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Telecommunications industry currently sits up 0.2% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the industry include Telecom Italia SpA ( TI), down 2.4%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), down 1.9% and America Movil S.A.B. de C.V ( AMOV), down 1.1%. Top gainers within the industry include China Telecom ( CHA), up 1.7%, NTT DoCoMo ( DCM), up 1.5% and American Tower ( AMT), up 0.7%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Nippon Telegraph & Telephone ( NTT) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Nippon Telegraph & Telephone is down $0.14 (-0.5%) to $25.90 on light volume. Thus far, 70,610 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 465,700 shares. The stock has ranged in price between $25.89-$26.02 after having opened the day at $25.98 as compared to the previous trading day's close of $26.04.

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 $61.7 billion and is part of the technology sector. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 23.8% year to date as of the close of trading on Monday. 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, solid stock price performance, 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.

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

4. As of noon trading, Telefonica ( TEF) is down $0.27 (-2.1%) to $12.75 on average volume. Thus far, 819,116 shares of Telefonica exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $12.73-$12.85 after having opened the day at $12.83 as compared to the previous trading day's close of $13.02.

Telefonica, S.A. provides fixed and mobile communication services primarily in Europe and Latin America. The company offers mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services, as well as mobile payment solutions. Telefonica has a market cap of $58.3 billion and is part of the technology sector. Shares are down 3.5% year to date as of the close of trading on Monday. 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, attractive valuation levels and increase in stock price during the past year. 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.

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

3. As of noon trading, Telefonica Brasil S.A ( VIV) is down $0.32 (-1.4%) to $22.36 on average volume. Thus far, 571,426 shares of Telefonica Brasil S.A exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $22.25-$22.65 after having opened the day at $22.55 as compared to the previous trading day's close of $22.68.

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 $25.6 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 down 5.2% year to date as of the close of trading on Monday. 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 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 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.

2. As of noon trading, Siemens ( SI) is down $1.00 (-1.0%) to $102.92 on light volume. Thus far, 111,233 shares of Siemens exchanged hands as compared to its average daily volume of 387,100 shares. The stock has ranged in price between $102.50-$103.29 after having opened the day at $102.54 as compared to the previous trading day's close of $103.92.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. Siemens has a market cap of $85.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 32.1, above the S&P 500 P/E ratio of 17.7. Shares are down 7.5% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Siemens a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Siemens as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Siemens 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, America Movil S.A.B. de C.V ( AMX) is down $0.42 (-1.9%) to $21.50 on average volume. Thus far, 3.8 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $21.48-$21.95 after having opened the day at $21.77 as compared to the previous trading day's close of $21.92.

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 $82.5 billion and is part of the technology sector. The company has a P/E ratio of 12.1, below the S&P 500 P/E ratio of 17.7. Shares are down 6.0% year to date as of the close of trading on Monday. 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 revenue growth, notable return on equity and expanding profit margins. 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.

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 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).

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