4 Stocks Pushing The Telecommunications Industry Lower

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.1%) at 15,403 as of Monday, Aug. 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,506 issues advancing vs. 1,423 declining with 115 unchanged.

The Telecommunications industry currently is unchanged today versus the S&P 500, which is down 0.2%. A company within the industry that fell today was BT Group ( BT), up 0.9%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Telefonica ( TEF) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Telefonica is down $0.12 (-0.8%) to $14.45 on light volume. Thus far, 401,780 shares of Telefonica exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $14.41-$14.50 after having opened the day at $14.48 as compared to the previous trading day's close of $14.57.

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 $66.6 billion and is part of the technology sector. Shares are up 8.0% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Telefonica a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Telefonica as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, 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, BCE ( BCE) is down $0.46 (-1.1%) to $40.12 on heavy volume. Thus far, 852,890 shares of BCE exchanged hands as compared to its average daily volume of 944,300 shares. The stock has ranged in price between $40.06-$40.46 after having opened the day at $40.29 as compared to the previous trading day's close of $40.58.

BCE Inc. provides communications solutions to residential, business, and wholesale customers primarily in Canada. BCE has a market cap of $31.5 billion and is part of the technology sector. Shares are down 5.5% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate BCE a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates BCE as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full BCE 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, Crown Castle International ( CCI) is down $1.01 (-1.5%) to $67.75 on light volume. Thus far, 893,272 shares of Crown Castle International exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $67.56-$68.77 after having opened the day at $68.37 as compared to the previous trading day's close of $68.76.

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 $20.1 billion and is part of the technology sector. Shares are down 4.7% 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.

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, American Tower ( AMT) is down $0.60 (-0.9%) to $69.56 on average volume. Thus far, 1.6 million shares of American Tower exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $69.35-$70.18 after having opened the day at $70.16 as compared to the previous trading day's close of $70.16.

American Tower Corporation, a real estate investment trust, operates as a wireless and broadcast communications infrastructure company. It develops, owns, and operates communications sites. American Tower has a market cap of $27.3 billion and is part of the financial sector. Shares are down 9.2% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate American Tower a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates American Tower as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full American Tower 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 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).

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