3 Stocks Underperforming Today In 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 8 points (0.0%) at 16,964 as of Wednesday, July 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,180 issues advancing vs. 1,847 declining with 143 unchanged.

The Telecommunications industry currently sits up 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Telecom Italia SpA ( TI), down 2.2%, and Telecom Italia SpA ( TI.A), down 1.8%. A company within the industry that increased today was China Telecom ( CHA), up 3.7%.

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

3. BCE ( BCE) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, BCE is down $0.46 (-1.0%) to $45.15 on average volume. Thus far, 283,644 shares of BCE exchanged hands as compared to its average daily volume of 550,500 shares. The stock has ranged in price between $45.07-$45.61 after having opened the day at $45.54 as compared to the previous trading day's close of $45.61.

BCE Inc., a communications company, provides broadband communication services to residential and business customers in Canada. The company operates through four segments: Bell Wireline, Bell Wireless, Bell Media, and Bell Aliant. BCE has a market cap of $35.3 billion and is part of the technology sector. Shares are up 5.4% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate BCE a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates BCE as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full BCE 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, Tim Participacoes ( TSU) is down $0.75 (-2.6%) to $27.53 on average volume. Thus far, 548,200 shares of Tim Participacoes exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $27.46-$28.34 after having opened the day at $28.28 as compared to the previous trading day's close of $28.28.

TIM Participac es S.A., through its subsidiaries, provides telecommunication services in Brazil. The company offers mobile, fixed, and long distance telephony; data transmission; and Internet services. Tim Participacoes has a market cap of $14.0 billion and is part of the technology sector. Shares are up 7.8% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that 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, good cash flow from operations, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Tim Participacoes 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, CenturyLink ( CTL) is down $0.54 (-1.5%) to $35.78 on average volume. Thus far, 2.6 million shares of CenturyLink exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $35.70-$36.24 after having opened the day at $36.16 as compared to the previous trading day's close of $36.32.

CenturyLink, Inc. operates as an integrated telecommunications company in the United States. The company operates through four segments: Consumer, Business, Wholesale, and Data Hosting. CenturyLink has a market cap of $20.7 billion and is part of the technology sector. Shares are up 14.0% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate CenturyLink a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates CenturyLink as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and increase in stock price during the past year. 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 CenturyLink 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).
null

If you liked this article you might like

Would a T-Mobile-Sprint Merger Make Life Easier for Verizon? Yes and No

Would a T-Mobile-Sprint Merger Make Life Easier for Verizon? Yes and No

Stocks That Are Changing Direction

Stocks That Are Changing Direction

BCE Is the Best Telecom Yield Play in Ultra-Safe Canada

BCE Is the Best Telecom Yield Play in Ultra-Safe Canada

3 Buy-Rated Dividend Stocks Taking The Lead: BCE, NS, PBA

3 Buy-Rated Dividend Stocks Taking The Lead: BCE, NS, PBA

Technology Stocks On The Rise With Help From 3 Stocks

Technology Stocks On The Rise With Help From 3 Stocks