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 17 points (0.1%) at 16,651 as of Thursday, May 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,820 issues advancing vs. 1,121 declining with 182 unchanged.

The Telecommunications industry currently sits up 0.4% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Philippine Long Distance Telephone ( PHI), up 1.6%. Top gainers within the industry include Telecom Italia SpA ( TI.A), up 1.5%, Telecom Italia SpA ( TI), up 1.1% and Telefonica Brasil ( VIV), up 0.8%.

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

3. Rogers Communications ( RCI) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Rogers Communications is down $0.58 (-1.4%) to $40.75 on average volume. Thus far, 159,938 shares of Rogers Communications exchanged hands as compared to its average daily volume of 398,500 shares. The stock has ranged in price between $40.67-$41.71 after having opened the day at $41.52 as compared to the previous trading day's close of $41.33.

Rogers Communications Inc. operates as a communications and media company in Canada. Its Wireless segment provides wireless voice and high-speed data communication services to consumers and businesses under the Rogers, Fido, and Chatr brands; and wireless devices and applications. Rogers Communications has a market cap of $16.8 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 is 1 analyst that rates Rogers Communications a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Rogers Communications as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Rogers 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.

2. As of noon trading, SK Telecom ( SKM) is down $0.32 (-1.3%) to $23.91 on light volume. Thus far, 283,858 shares of SK Telecom exchanged hands as compared to its average daily volume of 812,800 shares. The stock has ranged in price between $23.68-$23.97 after having opened the day at $23.76 as compared to the previous trading day's close of $24.23.

SK Telecom Co., Ltd. provides wireless telecommunications services in Korea. SK Telecom has a market cap of $15.6 billion and is part of the technology sector. Shares are down 1.6% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates SK Telecom a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SK Telecom as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance 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 SK Telecom 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, Level 3 Communications ( LVLT) is down $0.65 (-1.5%) to $43.31 on light volume. Thus far, 378,040 shares of Level 3 Communications exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $43.22-$44.15 after having opened the day at $44.12 as compared to the previous trading day's close of $43.96.

Level 3 Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, Europe, the Middle East, and Africa. Level 3 Communications has a market cap of $10.4 billion and is part of the technology sector. Shares are up 32.5% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Level 3 Communications a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Level 3 Communications as a hold. The company's strengths can be seen in multiple areas, such as its 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 generally higher debt management risk and premium valuation. Get the full Level 3 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.

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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