5 Telecommunications Stocks Nudging The Industry Higher

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 57 points (-0.4%) at 15,601 as of Monday, Aug. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,233 issues advancing vs. 1,686 declining with 120 unchanged.

The Telecommunications industry currently sits up 8.8% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Voltari ( VLTC), up 1539.7%, Nippon Telegraph & Telephone ( NTT), up 0.8%, BCE ( BCE), up 0.7% and NTT DoCoMo ( DCM), up 0.6%. On the negative front, top decliners within the industry include Telecom Italia SpA ( TI), down 2.6%, and Qualcomm ( QCOM), down 1.1%.

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

5. Mobile Telesystems OJSC ( MBT) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Mobile Telesystems OJSC is up $0.26 (1.3%) to $20.01 on light volume. Thus far, 445,908 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 $19.72-$20.06 after having opened the day at $19.72 as compared to the previous trading day's close of $19.75.

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 $19.6 billion and is part of the technology sector. Shares are up 5.9% year to date as of the close of trading on Friday. 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 buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year 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 Mobile Telesystems OJSC Ratings Report now.

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4. As of noon trading, Nokia Oyj ( NOK) is up $0.08 (2.0%) to $4.06 on average volume. Thus far, 14.1 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 29.4 million shares. The stock has ranged in price between $3.99-$4.08 after having opened the day at $4.00 as compared to the previous trading day's close of $3.98.

Nokia Corporation operates as a mobile communications company worldwide. It operates in three segments: Devices & Services, HERE, and Nokia Siemens Networks. Nokia Oyj has a market cap of $14.9 billion and is part of the technology sector. Shares are up 0.5% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Nokia Oyj a buy, 8 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Nokia Oyj as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow. Get the full Nokia Oyj 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, America Movil S.A.B. de C.V ( AMX) is up $0.09 (0.4%) to $21.13 on average volume. Thus far, 4.1 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $20.90-$21.18 after having opened the day at $20.99 as compared to the previous trading day's close of $21.04.

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 $80.0 billion and is part of the technology sector. Shares are down 9.1% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, no analysts rate it a sell, and 7 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 growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including 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.

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, Crown Castle International ( CCI) is up $1.41 (2.0%) to $70.71 on average volume. Thus far, 1.0 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 $69.17-$70.79 after having opened the day at $69.96 as compared to the previous trading day's close of $69.30.

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 $20.5 billion and is part of the technology sector. Shares are down 4.0% year to date as of the close of trading on Friday. 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.

1. As of noon trading, BlackBerry ( BBRY) is up $0.67 (7.5%) to $9.59 on heavy volume. Thus far, 23.8 million shares of BlackBerry exchanged hands as compared to its average daily volume of 23.0 million shares. The stock has ranged in price between $8.98-$9.77 after having opened the day at $9.00 as compared to the previous trading day's close of $8.92.

BlackBerry Limited engages in the design, manufacture, and marketing of wireless solutions worldwide. BlackBerry has a market cap of $4.5 billion and is part of the technology sector. Shares are down 26.2% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate BlackBerry a buy, 15 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates BlackBerry as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow. Get the full BlackBerry 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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