Telecommunications Stocks On The Rise With Help From 4 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 24 points (-0.2%) at 15,303 as of Thursday, Sept. 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 960 issues advancing vs. 1,922 declining with 143 unchanged.

The Telecommunications industry currently sits down 0.3% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Qualcomm ( QCOM), up 1.3%, and AT&T ( T), up 1.1%. On the negative front, top decliners within the industry include China Telecom ( CHA), down 3.6%, Rogers Communications ( RCI), down 2.6% and America Movil S.A.B. de C.V ( AMOV), down 1.7%.

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

4. NTT DoCoMo ( DCM) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, NTT DoCoMo is up $0.10 (0.6%) to $16.27 on light volume. Thus far, 78,185 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 262,600 shares. The stock has ranged in price between $16.24-$16.34 after having opened the day at $16.24 as compared to the previous trading day's close of $16.17.

NTT DOCOMO, INC. provides mobile telecommunication services over its long term evolution and W-CDMA networks in Japan. NTT DoCoMo has a market cap of $69.3 billion and is part of the technology sector. Shares are up 16.0% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate NTT DoCoMo a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates NTT DoCoMo 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full NTT DoCoMo 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, LM Ericsson Telephone Company ( ERIC) is up $0.13 (0.9%) to $13.78 on average volume. Thus far, 2.0 million shares of LM Ericsson Telephone Company exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $13.62-$13.79 after having opened the day at $13.68 as compared to the previous trading day's close of $13.65.

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates in four segments: Networks, Global Services, Support Solutions, and ST-Ericsson. LM Ericsson Telephone Company has a market cap of $44.3 billion and is part of the technology sector. Shares are up 32.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate LM Ericsson Telephone Company a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates LM Ericsson Telephone Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full LM Ericsson Telephone Company 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, Nokia Oyj ( NOK) is up $0.31 (5.2%) to $6.26 on heavy volume. Thus far, 81.0 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 39.1 million shares. The stock has ranged in price between $6.04-$6.27 after having opened the day at $6.07 as compared to the previous trading day's close of $5.95.

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 $21.2 billion and is part of the technology sector. Shares are up 43.3% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Nokia Oyj a buy, no analysts rate it a sell, and 18 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.

1. As of noon trading, Verizon Communications ( VZ) is up $0.45 (1.0%) to $46.97 on heavy volume. Thus far, 9.1 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 11.9 million shares. The stock has ranged in price between $46.44-$46.97 after having opened the day at $46.60 as compared to the previous trading day's close of $46.52.

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 $133.0 billion and is part of the technology sector. Shares are up 7.4% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 13 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.

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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