NTT, TLK, TEF, VZ And T, Pushing 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 27 points (-0.2%) at 15,858 as of Tuesday, Dec. 17, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 997 issues advancing vs. 1,953 declining with 153 unchanged.

The Telecommunications industry currently sits down 0.2% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the industry include Turkcell Iletisim Hizmetleri AS ( TKC), down 3.0%, and Siemens ( SI), down 0.9%.

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

5. Nippon Telegraph & Telephone ( NTT) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Nippon Telegraph & Telephone is down $0.43 (-1.6%) to $26.48 on average volume. Thus far, 135,583 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 244,300 shares. The stock has ranged in price between $26.43-$26.69 after having opened the day at $26.62 as compared to the previous trading day's close of $26.91.

Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunications equipment, and system integration and other telecommunications-related services in Japan. Nippon Telegraph & Telephone has a market cap of $59.6 billion and is part of the technology sector. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 24.0% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Nippon Telegraph & Telephone a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nippon Telegraph & Telephone 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, increase in stock price during the past year 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 Nippon Telegraph & Telephone 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, Telekomunikasi Indonesia (Persero) Tbk ( TLK) is down $0.91 (-2.6%) to $34.34 on average volume. Thus far, 140,721 shares of Telekomunikasi Indonesia (Persero) Tbk exchanged hands as compared to its average daily volume of 294,800 shares. The stock has ranged in price between $34.20-$34.56 after having opened the day at $34.49 as compared to the previous trading day's close of $35.25.

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 $83.4 billion and is part of the technology sector. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7. Shares are down 4.6% 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 hold. 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. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. 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.

3. As of noon trading, Telefonica ( TEF) is down $0.11 (-0.7%) to $15.53 on light volume. Thus far, 249,830 shares of Telefonica exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $15.50-$15.60 after having opened the day at $15.59 as compared to the previous trading day's close of $15.64.

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 $70.3 billion and is part of the technology sector. Shares are up 14.5% year to date as of the close of trading on Monday. 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.

2. As of noon trading, Verizon Communications ( VZ) is down $0.76 (-1.6%) to $47.50 on average volume. Thus far, 4.9 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 12.9 million shares. The stock has ranged in price between $47.45-$48.07 after having opened the day at $48.07 as compared to the previous trading day's close of $48.26.

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 $136.8 billion and is part of the technology sector. The company has a P/E ratio of 63.0, above the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Monday. Currently there are 19 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 9 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.

1. As of noon trading, AT&T ( T) is down $0.33 (-1.0%) to $33.82 on average volume. Thus far, 9.1 million shares of AT&T exchanged hands as compared to its average daily volume of 23.6 million shares. The stock has ranged in price between $33.77-$34.29 after having opened the day at $34.23 as compared to the previous trading day's close of $34.15.

AT&T Inc. provides telecommunications services to consumers and businesses in the United States and internationally. The company operates through Wireless, Wireline, and Other segments. AT&T has a market cap of $178.3 billion and is part of the technology sector. The company has a P/E ratio of 23.5, above the S&P 500 P/E ratio of 17.7. Shares are up 1.3% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate AT&T a buy, 1 analyst rates it a sell, and 19 rate it a hold.

TheStreet Ratings rates AT&T as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, 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 shows weak operating cash flow. Get the full AT&T 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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3 Stocks Pulling The Telecommunications Industry Downward

3 Stocks Pulling The Telecommunications Industry Downward