5 Telecommunications Stocks Pushing The Industry Higher

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 21 points (0.1%) at 16,093 as of Tuesday, Nov. 26, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,560 issues advancing vs. 1,331 declining with 131 unchanged.

The Telecommunications industry currently sits up 0.1% versus the S&P 500, which is up 0.1%. A company within the industry that increased today was American Tower ( AMT), up 1.3%. A company within the industry that fell today was America Movil S.A.B. de C.V ( AMOV), up 0.8%.

TheStreet would like to highlight 5 stocks pushing the industry higher today:

5. Chunghwa Telecom ( CHT) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Chunghwa Telecom is up $0.45 (1.5%) to $31.13 on light volume. Thus far, 65,489 shares of Chunghwa Telecom exchanged hands as compared to its average daily volume of 234,000 shares. The stock has ranged in price between $30.98-$31.17 after having opened the day at $31.03 as compared to the previous trading day's close of $30.68.

Chunghwa Telecom Co., Ltd. provides integrated telecommunication services primarily in Taiwan. Chunghwa Telecom has a market cap of $23.9 billion and is part of the technology sector. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are down 4.7% year to date as of the close of trading on Monday. Currently there are no analysts that rate Chunghwa Telecom a buy, 2 analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Chunghwa Telecom as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Chunghwa Telecom 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.

4. As of noon trading, China Unicom (Hong Kong ( CHU) is up $0.19 (1.2%) to $15.58 on light volume. Thus far, 44,901 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 504,100 shares. The stock has ranged in price between $15.50-$15.64 after having opened the day at $15.53 as compared to the previous trading day's close of $15.39.

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 $37.2 billion and is part of the technology sector. The company has a P/E ratio of 32.6, above the S&P 500 P/E ratio of 17.7. Shares are down 3.9% year to date as of the close of trading on Monday. Currently there are 3 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, good cash flow from operations and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full China Unicom (Hong Kong 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, Alcatel-Lucent ( ALU) is up $0.15 (3.7%) to $4.16 on average volume. Thus far, 11.6 million shares of Alcatel-Lucent exchanged hands as compared to its average daily volume of 23.7 million shares. The stock has ranged in price between $4.03-$4.16 after having opened the day at $4.04 as compared to the previous trading day's close of $4.01.

Alcatel-Lucent provides networking and communications technology, products, and services to service providers, enterprises, and governments worldwide. Alcatel-Lucent has a market cap of $9.2 billion and is part of the technology sector. Shares are up 189.2% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Alcatel-Lucent a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Alcatel-Lucent as a sell. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures. Get the full Alcatel-Lucent 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, Verizon Communications ( VZ) is up $0.28 (0.6%) to $50.29 on light volume. Thus far, 3.0 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 14.7 million shares. The stock has ranged in price between $49.91-$50.34 after having opened the day at $50.08 as compared to the previous trading day's close of $50.01.

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 $143.7 billion and is part of the technology sector. The company has a P/E ratio of 66.1, above the S&P 500 P/E ratio of 17.7. Shares are up 16.1% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 10 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, good cash flow from operations, increase in net income, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. 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.

1. As of noon trading, Qualcomm ( QCOM) is up $0.56 (0.8%) to $73.04 on average volume. Thus far, 4.2 million shares of Qualcomm exchanged hands as compared to its average daily volume of 10.7 million shares. The stock has ranged in price between $72.59-$73.28 after having opened the day at $72.69 as compared to the previous trading day's close of $72.49.

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies. Qualcomm has a market cap of $123.3 billion and is part of the technology sector. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7. Shares are up 17.9% year to date as of the close of trading on Monday. Currently there are 21 analysts that rate Qualcomm a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Qualcomm as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, increase in net income, notable return on equity and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Qualcomm 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 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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