3 Stocks Pushing The Telecommunications Industry Downward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 44 points (0.3%) at 15,539 as of Tuesday, Sept. 17, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,783 issues advancing vs. 1,120 declining with 134 unchanged.

The Telecommunications industry currently sits up 0.5% versus the S&P 500, which is up 0.3%. A company within the industry that fell today was China Telecom ( CHA), up 0.8%. A company within the industry that increased today was America Movil S.A.B. de C.V ( AMOV), up 1.0%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. NTT DoCoMo ( DCM) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, NTT DoCoMo is down $0.33 (-2.0%) to $15.92 on light volume. Thus far, 79,877 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 259,000 shares. The stock has ranged in price between $15.81-$15.92 after having opened the day at $15.81 as compared to the previous trading day's close of $16.25.

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 $67.3 billion and is part of the technology sector. Shares are up 12.6% year to date as of the close of trading on Monday. 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.

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, Nippon Telegraph & Telephone ( NTT) is down $1.04 (-3.8%) to $26.08 on average volume. Thus far, 142,050 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 286,900 shares. The stock has ranged in price between $25.99-$26.15 after having opened the day at $26.11 as compared to the previous trading day's close of $27.12.

Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunications equipment, and system integration and other telecommunications-related services in Japan. Nippon Telegraph & Telephone has a market cap of $62.4 billion and is part of the technology sector. Shares are up 27.3% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Nippon Telegraph & Telephone a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nippon Telegraph & Telephone 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, increase in stock price during the past year, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Nippon Telegraph & 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.

1. As of noon trading, SK Telecom ( SKM) is down $0.61 (-2.7%) to $21.65 on average volume. Thus far, 404,878 shares of SK Telecom exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $21.60-$21.86 after having opened the day at $21.82 as compared to the previous trading day's close of $22.26.

SK Telecom Co., Ltd. provides wireless telecommunications services principally in Korea. SK Telecom has a market cap of $14.1 billion and is part of the technology sector. Shares are up 42.1% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates SK Telecom a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates SK Telecom as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, 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 has had somewhat disappointing return on equity. Get the full SK Telecom 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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