3 Stocks Improving Performance Of 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 38 points (0.2%) at 16,236 as of Thursday, Feb. 27, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,761 issues advancing vs. 1,149 declining with 174 unchanged.

The Telecommunications industry currently sits up 0.5% versus the S&P 500, which is up 0.2%. Top gainers within the industry include America Movil S.A.B. de C.V ( AMX), up 1.1%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), up 0.7% and America Movil S.A.B. de C.V ( AMOV), up 0.6%. On the negative front, top decliners within the industry include Telecom Italia SpA ( TI), down 3.7%, and Telecom Italia SpA ( TI.A), down 2.7%.

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

3. Tim Participacoes ( TSU) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Tim Participacoes is up $0.80 (3.3%) to $24.75 on heavy volume. Thus far, 1.5 million shares of Tim Participacoes exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $23.83-$25.12 after having opened the day at $23.96 as compared to the previous trading day's close of $23.95.

TIM Participac es S.A., through its subsidiaries, provides mobile telecommunications services using digital technologies to business and individual customers in Brazil. The company offers mobile, fixed and long distance telephony, and data transmission and Internet services. Tim Participacoes has a market cap of $58.7 billion and is part of the technology sector. Shares are down 8.7% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Tim Participacoes a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Tim Participacoes 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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Tim Participacoes 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.

2. As of noon trading, Crown Castle International ( CCI) is up $1.22 (1.7%) to $74.92 on light volume. Thus far, 459,973 shares of Crown Castle International exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $73.74-$75.00 after having opened the day at $73.79 as compared to the previous trading day's close of $73.70.

Crown Castle International Corp., together with is subsidiaries, owns, operates, and leases shared wireless infrastructure primarily in the United States, Puerto Rico, and Australia. Crown Castle International has a market cap of $24.8 billion and is part of the technology sector. Shares are up 0.4% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts who rate Crown Castle International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Crown Castle International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Crown Castle International 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, Verizon Communications ( VZ) is up $0.89 (1.9%) to $47.24 on heavy volume. Thus far, 71.8 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 30.3 million shares. The stock has ranged in price between $46.28-$47.25 after having opened the day at $46.34 as compared to the previous trading day's close of $46.35.

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 $132.4 billion and is part of the technology sector. Shares are down 5.7% year-to-date as of the close of trading on Wednesday. Currently there are 21 analysts who rate Verizon Communications a buy, no analysts rate it a sell, and 8 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, notable return on equity, expanding profit margins, good cash flow from operations and increase in stock price during the past year. 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 Verizon Communications 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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