3 Stocks Dragging The Telecommunications Industry Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 27 points (0.2%) at 15,548 as of Wednesday, July 31, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,364 issues advancing vs. 1,544 declining with 117 unchanged.

The Telecommunications industry currently is unchanged today versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include Telecom Italia SpA ( TI.A), down 6.5%, Telecom Italia SpA ( TI), down 3.7%, Telefonica Brasil S.A ( VIV), down 2.8%, American Tower ( AMT), down 2.3% and Verizon Communications ( VZ), down 0.8%.

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

3. BT Group ( BT) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, BT Group is down $0.42 (-0.8%) to $51.59 on light volume. Thus far, 34,277 shares of BT Group exchanged hands as compared to its average daily volume of 108,100 shares. The stock has ranged in price between $51.56-$52.09 after having opened the day at $51.71 as compared to the previous trading day's close of $52.01.

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 $40.7 billion and is part of the technology sector. Shares are up 36.8% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate BT Group a buy, no analysts rate it a sell, and 1 rates 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.

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, Nippon Telegraph & Telephone ( NTT) is down $0.34 (-1.3%) to $24.88 on heavy volume. Thus far, 295,408 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 388,600 shares. The stock has ranged in price between $24.60-$25.22 after having opened the day at $25.16 as compared to the previous trading day's close of $25.21.

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 $59.8 billion and is part of the technology sector. Shares are up 19.9% 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.

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, Crown Castle International ( CCI) is down $2.20 (-3.1%) to $69.72 on heavy volume. Thus far, 1.9 million shares of Crown Castle International exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $69.36-$72.59 after having opened the day at $72.35 as compared to the previous trading day's close of $71.92.

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 $21.3 billion and is part of the technology sector. Shares are down 0.3% 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.

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).

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