TKC, TLK And NSR, 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 28 points (0.2%) at 16,953 as of Monday, June 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,914 issues advancing vs. 1,041 declining with 157 unchanged.

The Telecommunications industry currently sits up 1.5% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was American Tower ( AMT), up 0.7%.

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

3. Turkcell Iletisim Hizmetleri AS ( TKC) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Turkcell Iletisim Hizmetleri AS is down $0.28 (-1.8%) to $15.46 on light volume. Thus far, 40,428 shares of Turkcell Iletisim Hizmetleri AS exchanged hands as compared to its average daily volume of 434,000 shares. The stock has ranged in price between $15.42-$15.53 after having opened the day at $15.42 as compared to the previous trading day's close of $15.74.

Turkcell Iletisim Hizmetleri AS establishes and operates a Global System for Mobile Communications (GSM) network in Turkey and regional states. It operates through three segments: Turkcell, Euroasia, and Belarusian Telecom. Turkcell Iletisim Hizmetleri AS has a market cap of $13.2 billion and is part of the technology sector. Shares are up 17.9% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates Turkcell Iletisim Hizmetleri AS a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Turkcell Iletisim Hizmetleri AS 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, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, relatively poor performance when compared with the S&P 500 during the past year and feeble growth in the company's earnings per share. Get the full Turkcell Iletisim Hizmetleri AS 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, Telekomunikasi Indonesia (Persero) Tbk ( TLK) is down $0.37 (-0.9%) to $41.94 on light volume. Thus far, 66,058 shares of Telekomunikasi Indonesia (Persero) Tbk exchanged hands as compared to its average daily volume of 234,500 shares. The stock has ranged in price between $41.67-$41.98 after having opened the day at $41.76 as compared to the previous trading day's close of $42.31.

PT Telekomunikasi Indonesia, Tbk provides network and telecommunication services to individual and home customers, companies, and institutions in worldwide. It operates through four segments: Personal, Home, Corporate, and Others. Telekomunikasi Indonesia (Persero) Tbk has a market cap of $106.5 billion and is part of the technology sector. Shares are up 18.0% year-to-date as of the close of trading on Friday. Currently there are no analysts that rate Telekomunikasi Indonesia (Persero) Tbk a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Telekomunikasi Indonesia (Persero) Tbk 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Telekomunikasi Indonesia (Persero) Tbk 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, NeuStar ( NSR) is down $2.02 (-7.6%) to $24.64 on heavy volume. Thus far, 3.5 million shares of NeuStar exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $24.00-$25.12 after having opened the day at $25.00 as compared to the previous trading day's close of $26.67.

NeuStar, Inc. provides technology and directory services to customers pursuant to various private commercial and government contracts worldwide. The company operates in three segments: Carrier Services, Enterprise Services, and Information Services. NeuStar has a market cap of $1.6 billion and is part of the technology sector. Shares are down 46.5% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates NeuStar a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates NeuStar as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and unimpressive growth in net income. Get the full NeuStar 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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