Telecommunications Stocks On The Rise With Help From 5 Stocks

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 58 points (0.4%) at 15,069 as of Tuesday, Aug. 20, 2013, 1:04 PM ET. The NYSE advances/declines ratio sits at 2,347 issues advancing vs. 659 declining with 81 unchanged.

The Telecommunications industry currently sits up 0.6% versus the S&P 500, which is up 0.6%. Top gainers within the industry include Mobile Telesystems OJSC ( MBT), up 3.9%, BT Group ( BT), up 2.6%, NTT DoCoMo ( DCM), up 2.2%, America Movil S.A.B. de C.V ( AMOV), up 1.6% and China Telecom ( CHA), up 1.5%.

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

5. America Movil S.A.B. de C.V ( AMX) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, America Movil S.A.B. de C.V is up $0.65 (3.3%) to $20.40 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 7.7 million shares. The stock has ranged in price between $19.74-$20.40 after having opened the day at $19.74 as compared to the previous trading day's close of $19.75.

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 $77.8 billion and is part of the technology sector. Shares are down 14.7% 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 5 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.

4. As of noon trading, American Tower ( AMT) is up $1.34 (2.0%) to $69.70 on light volume. Thus far, 1.2 million shares of American Tower exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $68.39-$69.99 after having opened the day at $68.48 as compared to the previous trading day's close of $68.36.

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 $27.1 billion and is part of the financial sector. Shares are down 11.5% year to date as of the close of trading on Monday. 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.

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, Verizon Communications ( VZ) is up $0.45 (0.9%) to $47.95 on light volume. Thus far, 3.1 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 11.2 million shares. The stock has ranged in price between $47.50-$48.08 after having opened the day at $47.54 as compared to the previous trading day's close of $47.50.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $136.5 billion and is part of the technology sector. Shares are up 9.8% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Verizon Communications 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, AT&T ( T) is up $0.23 (0.7%) to $34.02 on light volume. Thus far, 8.0 million shares of AT&T exchanged hands as compared to its average daily volume of 23.7 million shares. The stock has ranged in price between $33.78-$34.08 after having opened the day at $33.85 as compared to the previous trading day's close of $33.79.

AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other. AT&T has a market cap of $181.5 billion and is part of the technology sector. Shares are up 1.4% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate AT&T a buy, 2 analysts rate it a sell, and 17 rate it a hold.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full AT&T 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, Qualcomm ( QCOM) is up $0.51 (0.8%) to $66.84 on light volume. Thus far, 3.0 million shares of Qualcomm exchanged hands as compared to its average daily volume of 13.7 million shares. The stock has ranged in price between $66.31-$67.14 after having opened the day at $66.53 as compared to the previous trading day's close of $66.33.

QUALCOMM Incorporated designs, develops, manufactures, and markets digital telecommunications products and services. It operates in four segments: QCT, QTL, QWI, and QSI. Qualcomm has a market cap of $114.8 billion and is part of the technology sector. Shares are up 8.1% year to date as of the close of trading on Monday. Currently there are 23 analysts that rate Qualcomm a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Qualcomm as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Qualcomm 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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