3 Stocks Pulling 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 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 fell today was America Movil S.A.B. de C.V ( AMOV), up 0.8%. A company within the industry that increased today was American Tower ( AMT), up 1.3%.

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

3. Telekomunikasi Indonesia (Persero) Tbk ( TLK) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Telekomunikasi Indonesia (Persero) Tbk is down $1.18 (-3.2%) to $35.56 on heavy volume. Thus far, 340,233 shares of Telekomunikasi Indonesia (Persero) Tbk exchanged hands as compared to its average daily volume of 306,500 shares. The stock has ranged in price between $34.70-$35.59 after having opened the day at $35.30 as compared to the previous trading day's close of $36.74.

PT Telekomunikasi Indonesia, Tbk provides network and telecommunication services to individual and home customers, companies, and institutions in Indonesia and internationally. It operates through four segments: Personal, Home, Corporate, and Others. Telekomunikasi Indonesia (Persero) Tbk has a market cap of $89.8 billion and is part of the technology sector. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Monday. Currently there are no analysts that rate Telekomunikasi Indonesia (Persero) Tbk a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Telekomunikasi Indonesia (Persero) Tbk as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Telekomunikasi Indonesia (Persero) Tbk 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, Telefonica Brasil S.A ( VIV) is down $0.29 (-1.5%) to $19.20 on light volume. Thus far, 471,982 shares of Telefonica Brasil S.A exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $19.12-$19.44 after having opened the day at $19.30 as compared to the previous trading day's close of $19.49.

Telefonica Brasil S.A. provides fixed-line telecommunications services to residential and commercial customers in Brazil. Telefonica Brasil S.A has a market cap of $22.0 billion and is part of the technology sector. The company has a P/E ratio of 6.5, below the S&P 500 P/E ratio of 17.7. Shares are down 18.7% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Telefonica Brasil S.A a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Telefonica Brasil S.A as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Telefonica Brasil S.A 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, America Movil S.A.B. de C.V ( AMX) is down $0.20 (-0.9%) to $22.47 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 7.3 million shares. The stock has ranged in price between $22.41-$22.66 after having opened the day at $22.66 as compared to the previous trading day's close of $22.67.

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 $83.7 billion and is part of the technology sector. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates America Movil S.A.B. de C.V as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity 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 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.

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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