Telecommunications Stocks On The Rise With Help From 5 Stocks

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 19 points (-0.1%) at 15,282 as of Wednesday, July 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,222 issues advancing vs. 1,685 declining with 126 unchanged.

The Telecommunications industry currently sits up 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the industry include American Tower ( AMT), up 2.6%, Qualcomm ( QCOM), up 1.6%, NTT DoCoMo ( DCM), up 1.1%, BT Group ( BT), up 1.0% and Siemens ( SI), up 1.0%. On the negative front, top decliners within the industry include Nokia Oyj ( NOK), down 2.4%, Telecom Italia SpA ( TI), down 2.0% and Telecom Italia SpA ( TI.A), down 2.0%.

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

5. Nippon Telegraph & Telephone ( NTT) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Nippon Telegraph & Telephone is up $0.24 (0.9%) to $26.06 on light volume. Thus far, 56,990 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 432,200 shares. The stock has ranged in price between $25.96-$26.10 after having opened the day at $25.97 as compared to the previous trading day's close of $25.82.

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 $61.3 billion and is part of the technology sector. Shares are up 22.8% 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.

4. As of noon trading, VimpelCom ( VIP) is up $0.16 (1.6%) to $10.05 on light volume. Thus far, 454,606 shares of VimpelCom exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $9.82-$10.05 after having opened the day at $9.94 as compared to the previous trading day's close of $9.89.

VimpelCom Ltd., a telecommunications service operator, provides voice and data services through a range of traditional and broadband mobile and fixed technologies. VimpelCom has a market cap of $16.1 billion and is part of the technology sector. Shares are down 5.5% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates VimpelCom a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates VimpelCom as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow. Get the full VimpelCom 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.

3. As of noon trading, Mobile Telesystems OJSC ( MBT) is up $0.24 (1.3%) to $19.09 on light volume. Thus far, 635,733 shares of Mobile Telesystems OJSC exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $18.75-$19.13 after having opened the day at $18.85 as compared to the previous trading day's close of $18.85.

Mobile TeleSystems OJSC provides mobile and fixed voice, broadband, and pay TV, as well as content and entertainment services in Russia, eastern Europe, and central Asia. Mobile Telesystems OJSC has a market cap of $18.8 billion and is part of the technology sector. Shares are up 1.6% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Mobile Telesystems OJSC a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Mobile Telesystems OJSC as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and weak operating cash flow. Get the full Mobile Telesystems OJSC 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, LM Ericsson Telephone Company ADR Class B ( ERIC) is up $0.08 (0.7%) to $11.62 on light volume. Thus far, 1.1 million shares of LM Ericsson Telephone Company ADR Class B exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $11.61-$11.71 after having opened the day at $11.66 as compared to the previous trading day's close of $11.54.

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 ADR Class B has a market cap of $37.9 billion and is part of the technology sector. Shares are up 13.7% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate LM Ericsson Telephone Company ADR Class B a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates LM Ericsson Telephone Company ADR Class B 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, solid stock price performance 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 ADR Class B 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, Crown Castle International ( CCI) is up $2.03 (2.8%) to $74.72 on average volume. Thus far, 1.5 million shares of Crown Castle International exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $72.65-$74.74 after having opened the day at $72.77 as compared to the previous trading day's close of $72.69.

Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. Crown Castle International has a market cap of $21.5 billion and is part of the technology sector. Shares are up 1.6% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Crown Castle International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Crown Castle International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Crown Castle International 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 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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