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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 86 points (-0.5%) at 16,084 as of Friday, April 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,014 issues advancing vs. 1,941 declining with 158 unchanged.

The Telecommunications industry currently sits down 0.7% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Telecom Italia SpA ( TI.A), up 1.4%, and Telekomunikasi Indonesia (Persero) Tbk ( TLK), up 0.6%. On the negative front, top decliners within the industry include America Movil S.A.B. de C.V ( AMX), down 1.1%, and America Movil S.A.B. de C.V ( AMOV), down 0.8%.

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

3. Telecom Italia SpA ( TI) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Telecom Italia SpA is up $0.20 (1.7%) to $12.07 on light volume. Thus far, 23,773 shares of Telecom Italia SpA exchanged hands as compared to its average daily volume of 221,700 shares. The stock has ranged in price between $11.91-$12.11 after having opened the day at $11.93 as compared to the previous trading day's close of $11.87.

Telecom Italia S.p.A., together with its subsidiaries, provides fixed-line and mobile telecommunications, Internet, and media services. Telecom Italia SpA has a market cap of $23.2 billion and is part of the technology sector. Shares are up 19.2% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates Telecom Italia SpA a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Telecom Italia SpA as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and weak operating cash flow. Get the full Telecom Italia SpA Ratings Report now.

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2. As of noon trading, Nippon Telegraph & Telephone ( NTT) is up $0.15 (0.6%) to $25.42 on light volume. Thus far, 98,831 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 281,900 shares. The stock has ranged in price between $25.29-$25.45 after having opened the day at $25.41 as compared to the previous trading day's close of $25.27.

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 $58.9 billion and is part of the technology sector. Shares are down 6.5% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who 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 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 solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Nippon Telegraph & Telephone Ratings Report now.

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1. As of noon trading, VimpelCom ( VIP) is up $0.13 (1.6%) to $8.35 on average volume. Thus far, 1.0 million shares of VimpelCom exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $8.13-$8.44 after having opened the day at $8.15 as compared to the previous trading day's close of $8.22.

VimpelCom Ltd., a telecommunications service operator, provides voice and data services through a range of traditional and broadband mobile and fixed technologies. VimpelCom has a market cap of $13.7 billion and is part of the technology sector. Shares are down 36.5% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate VimpelCom a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates VimpelCom as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full VimpelCom 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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