4 Telecommunications Stocks Dragging The Industry Down

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 4 stocks pushing the industry lower today:

4. Philippine Long Distance Telephone ( PHI) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Philippine Long Distance Telephone is down $2.31 (-3.3%) to $67.30 on average volume. Thus far, 51,583 shares of Philippine Long Distance Telephone exchanged hands as compared to its average daily volume of 72,000 shares. The stock has ranged in price between $67.30-$69.30 after having opened the day at $69.25 as compared to the previous trading day's close of $69.61.

Philippine Long Distance Telephone Company provides telecommunication services in the Philippines. Philippine Long Distance Telephone has a market cap of $15.3 billion and is part of the technology sector. Shares are up 13.5% year to date as of the close of trading on Monday. Currently there are no analysts that rate Philippine Long Distance Telephone a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Philippine Long Distance Telephone as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Philippine Long Distance 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.

3. As of noon trading, China Unicom (Hong Kong ( CHU) is down $0.27 (-1.7%) to $15.27 on average volume. Thus far, 187,188 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 498,100 shares. The stock has ranged in price between $15.14-$15.33 after having opened the day at $15.20 as compared to the previous trading day's close of $15.54.

China Unicom (Hong Kong) Limited, an investment holding company, engages in the provision of cellular, fixed line, and broadband services in China. China Unicom (Hong Kong has a market cap of $36.5 billion and is part of the technology sector. Shares are down 4.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate China Unicom (Hong Kong a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates China Unicom (Hong Kong as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full China Unicom (Hong Kong 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, Telekomunikasi Indonesia (Persero) Tbk ( TLK) is down $0.63 (-1.6%) to $38.95 on average volume. Thus far, 190,433 shares of Telekomunikasi Indonesia (Persero) Tbk exchanged hands as compared to its average daily volume of 266,700 shares. The stock has ranged in price between $38.14-$39.29 after having opened the day at $39.29 as compared to the previous trading day's close of $39.58.

PT Telekomunikasi Indonesia, Tbk provides network and telecommunication services to individual and home customers, companies, and institutions in Indonesia and internationally. It operates through four segments: Personal, Home, Corporate, and Others. Telekomunikasi Indonesia (Persero) Tbk has a market cap of $22.1 billion and is part of the technology sector. Shares are up 7.1% year to date as of the close of trading on Monday. Currently there are no analysts that rate Telekomunikasi Indonesia (Persero) Tbk a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Telekomunikasi Indonesia (Persero) Tbk as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Telekomunikasi Indonesia (Persero) Tbk 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, Telefonica ( TEF) is down $0.08 (-0.6%) to $14.15 on average volume. Thus far, 526,749 shares of Telefonica exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $14.06-$14.22 after having opened the day at $14.15 as compared to the previous trading day's close of $14.23.

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 $66.5 billion and is part of the technology sector. Shares are up 8.3% year to date as of the close of trading on Monday. 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.

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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