NTT, CHU, VIV And ALU, 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,344 as of Tuesday, Dec. 24, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,931 issues advancing vs. 985 declining with 162 unchanged.

The Telecommunications industry currently sits up 0.2% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was NTT DoCoMo ( DCM), up 1.4%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Nippon Telegraph & Telephone ( NTT) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Nippon Telegraph & Telephone is down $0.18 (-0.7%) to $26.38 on light volume. Thus far, 93,068 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 260,700 shares. The stock has ranged in price between $26.31-$26.39 after having opened the day at $26.36 as compared to the previous trading day's close of $26.56.

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 $60.2 billion and is part of the technology sector. Shares are up 26.3% 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.

3. As of noon trading, China Unicom (Hong Kong ( CHU) is down $0.16 (-1.0%) to $15.23 on light volume. Thus far, 150,057 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 510,300 shares. The stock has ranged in price between $15.08-$15.26 after having opened the day at $15.16 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 $35.0 billion and is part of the technology sector. Shares are down 5.5% 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, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. Get the full China Unicom (Hong Kong 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 $0.17 (-0.9%) to $18.67 on light volume. Thus far, 168,882 shares of Telefonica Brasil S.A exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $18.63-$18.99 after having opened the day at $18.89 as compared to the previous trading day's close of $18.84.

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 $20.6 billion and is part of the technology sector. Shares are down 23.7% 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, 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, deteriorating net income and weak operating cash flow. 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, Alcatel-Lucent ( ALU) is down $0.08 (-1.9%) to $4.25 on light volume. Thus far, 4.6 million shares of Alcatel-Lucent exchanged hands as compared to its average daily volume of 19.9 million shares. The stock has ranged in price between $4.15-$4.30 after having opened the day at $4.29 as compared to the previous trading day's close of $4.33.

Alcatel-Lucent provides networking and communications technology, products, and services to service providers, enterprises, and governments worldwide. Alcatel-Lucent has a market cap of $10.0 billion and is part of the technology sector. Shares are up 211.5% year to date as of the close of trading on Monday. Currently there are 3 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.

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 4 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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