5 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.

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%. 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 5 stocks pushing the industry lower today:

5. BCE ( BCE) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, BCE is down $0.67 (-1.6%) to $42.23 on heavy volume. Thus far, 1.0 million shares of BCE exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $41.99-$42.92 after having opened the day at $42.92 as compared to the previous trading day's close of $42.90.

BCE, based in Montreal, provides landline services in ON and PQ and wireless services nationally. Its $3.2 bn acquisition of the CTV media assets is expected to close in April. Its results include 44%-owned Bell Aliant, which serves the maritime provinces and rural parts of ON and PQ. BCE has a market cap of $33.6 billion and is part of the technology sector. Shares are up 0.9% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate BCE a buy, no analysts rate it a sell, and 8 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

4. As of noon trading, Siemens ( SI) is down $1.15 (-1.0%) to $116.09 on light volume. Thus far, 153,933 shares of Siemens exchanged hands as compared to its average daily volume of 416,700 shares. The stock has ranged in price between $115.50-$116.46 after having opened the day at $115.60 as compared to the previous trading day's close of $117.24.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. Siemens has a market cap of $98.5 billion and is part of the industrial goods sector. Shares are up 6.7% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Siemens a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Siemens as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Siemens 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, America Movil S.A.B. de C.V ( AMX) is down $0.34 (-1.7%) to $19.98 on light volume. Thus far, 1.8 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 $19.93-$20.19 after having opened the day at $20.18 as compared to the previous trading day's close of $20.32.

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 $76.4 billion and is part of the technology sector. Shares are down 12.9% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 6 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.

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 $1.61 (-2.2%) to $71.42 on heavy volume. Thus far, 1.8 million shares of Crown Castle International exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $71.17-$73.06 after having opened the day at $73.06 as compared to the previous trading day's close of $73.03.

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 $21.4 billion and is part of the technology sector. Shares are up 1.5% year to date as of the close of trading on Wednesday. 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 $1.03 (-1.4%) to $73.99 on light volume. Thus far, 1.1 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 $73.90-$75.15 after having opened the day at $75.15 as compared to the previous trading day's close of $75.02.

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 $29.5 billion and is part of the financial sector. Shares are down 3.5% year to date as of the close of trading on Wednesday. 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 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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