3 Stocks Boosting The Telecommunications 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 22 points (-0.1%) at 16,065 as of Monday, Dec. 2, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,883 declining with 116 unchanged.

The Telecommunications industry currently sits down 0.9% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include America Movil S.A.B. de C.V ( AMOV), down 2.4%, and BT Group ( BT), down 1.4%.

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

3. NTT DoCoMo ( DCM) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, NTT DoCoMo is up $0.11 (0.7%) to $16.18 on light volume. Thus far, 59,714 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 233,300 shares. The stock has ranged in price between $16.17-$16.23 after having opened the day at $16.18 as compared to the previous trading day's close of $16.07.

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 $66.2 billion and is part of the technology sector. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. Shares are up 10.8% year to date as of the close of trading on Friday. 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 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, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share and deteriorating net income. Get the full NTT DoCoMo Ratings Report now.

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2. As of noon trading, Telekomunikasi Indonesia (Persero) Tbk ( TLK) is up $0.46 (1.3%) to $37.00 on light volume. Thus far, 71,127 shares of Telekomunikasi Indonesia (Persero) Tbk exchanged hands as compared to its average daily volume of 298,300 shares. The stock has ranged in price between $36.57-$37.21 after having opened the day at $36.66 as compared to the previous trading day's close of $36.54.

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 $88.1 billion and is part of the technology sector. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are down 1.1% year to date as of the close of trading on Friday. 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, 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 sub par growth in net income. Get the full Telekomunikasi Indonesia (Persero) Tbk 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, Alcatel-Lucent ( ALU) is up $0.18 (4.2%) to $4.49 on light volume. Thus far, 9.0 million shares of Alcatel-Lucent exchanged hands as compared to its average daily volume of 24.4 million shares. The stock has ranged in price between $4.47-$4.52 after having opened the day at $4.48 as compared to the previous trading day's close of $4.31.

Alcatel-Lucent provides networking and communications technology, products, and services to service providers, enterprises, and governments worldwide. Alcatel-Lucent has a market cap of $9.6 billion and is part of the technology sector. Shares are up 210.1% year to date as of the close of trading on Friday. 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. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity. 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.

If you are interested in one of these 3 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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