5 Stocks Dragging In The Telecommunications Industry

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 5 stocks pushing the industry lower today:

5. KT Corporation ( KT) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, KT Corporation is down $0.92 (-5.8%) to $14.75 on average volume. Thus far, 207,312 shares of KT Corporation exchanged hands as compared to its average daily volume of 377,300 shares. The stock has ranged in price between $14.70-$15.08 after having opened the day at $14.94 as compared to the previous trading day's close of $15.67.

KT Corporation provides telecommunication services in Korea. KT Corporation has a market cap of $8.1 billion and is part of the technology sector. The company has a P/E ratio of 7.4, below the S&P 500 P/E ratio of 17.7. Shares are down 7.8% year to date as of the close of trading on Friday. Currently there are no analysts that rate KT Corporation a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates KT Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full KT Corporation 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.

4. As of noon trading, Telefonica ( TEF) is down $0.28 (-1.7%) to $16.15 on light volume. Thus far, 346,198 shares of Telefonica exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $16.13-$16.21 after having opened the day at $16.15 as compared to the previous trading day's close of $16.43.

Telefonica, S.A. provides fixed and mobile communication services primarily in Europe and Latin America. The company offers mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services, as well as mobile payment solutions. Telefonica has a market cap of $74.6 billion and is part of the technology sector. Shares are up 21.6% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Telefonica a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Telefonica as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year 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 Telefonica 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.

3. As of noon trading, Telefonica Brasil S.A ( VIV) is down $0.56 (-2.9%) to $18.90 on average volume. Thus far, 645,977 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 $18.90-$19.19 after having opened the day at $18.93 as compared to the previous trading day's close of $19.46.

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 $21.6 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 20.2% year to date as of the close of trading on Friday. 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 attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. 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.

2. As of noon trading, America Movil S.A.B. de C.V ( AMX) is down $0.57 (-2.4%) to $22.67 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 7.2 million shares. The stock has ranged in price between $22.67-$23.17 after having opened the day at $23.10 as compared to the previous trading day's close of $23.24.

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 $83.4 billion and is part of the technology sector. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Friday. 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 sub par growth in net income. 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.

1. As of noon trading, Verizon Communications ( VZ) is down $0.40 (-0.8%) to $49.22 on light volume. Thus far, 3.3 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 14.3 million shares. The stock has ranged in price between $49.14-$49.70 after having opened the day at $49.66 as compared to the previous trading day's close of $49.62.

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 $142.9 billion and is part of the technology sector. The company has a P/E ratio of 65.7, above the S&P 500 P/E ratio of 17.7. Shares are up 14.7% year to date as of the close of trading on Friday. 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, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Verizon Communications 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 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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