3 Stocks Underperforming Today In The Telecommunications Industry

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 60 points (0.4%) at 16,517 as of Tuesday, April 1, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,859 issues advancing vs. 1,154 declining with 141 unchanged.

The Telecommunications industry currently sits up 0.5% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the industry include Nippon Telegraph & Telephone ( NTT), down 1.1%, American Tower ( AMT), down 1.0% and BT Group ( BT), down 0.9%. Top gainers within the industry include America Movil S.A.B. de C.V ( AMOV), up 1.3%, LM Ericsson Telephone Company ( ERIC), up 1.2% and America Movil S.A.B. de C.V ( AMX), up 0.9%.

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

3. NTT DoCoMo ( DCM) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, NTT DoCoMo is down $0.33 (-2.1%) to $15.44 on average volume. Thus far, 135,935 shares of NTT DoCoMo exchanged hands as compared to its average daily volume of 240,900 shares. The stock has ranged in price between $15.37-$15.46 after having opened the day at $15.44 as compared to the previous trading day's close of $15.77.

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 $64.2 billion and is part of the technology sector. Shares are down 4.5% year-to-date as of the close of trading on Monday. 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 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 disappointing return on equity. Get the full NTT DoCoMo Ratings Report now.

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