3 Stocks Pushing The Telecommunications Industry Downward

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 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.

If you liked this article you might like

Softbank's Masayoshi Son Is Ready to Strike Soon With a Megadeal Involving Sprint

Vice's Big Bet on Mobile TV in the Age of Facebook and YouTube