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 125 points (-0.7%) at 16,899 as of Tuesday, July 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 971 issues advancing vs. 2,018 declining with 168 unchanged.

The Telecommunications industry currently sits down 1.8% versus the S&P 500, which is down 0.9%. On the negative front, top decliners within the industry include Telecom Italia SpA ( TI), down 2.5%, TELUS ( TU), down 2.5% and LM Ericsson Telephone Company ( ERIC), down 1.6%.

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

3. SK Telecom ( SKM) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, SK Telecom is down $0.66 (-2.5%) to $26.32 on average volume. Thus far, 435,669 shares of SK Telecom exchanged hands as compared to its average daily volume of 891,400 shares. The stock has ranged in price between $26.26-$26.57 after having opened the day at $26.53 as compared to the previous trading day's close of $26.98.

SK Telecom Co., Ltd. provides wireless telecommunications services in Korea. SK Telecom has a market cap of $17.3 billion and is part of the technology sector. Shares are up 9.6% year-to-date as of the close of trading on Monday. Currently there are 2 analysts that rate 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 revenue growth, solid stock price performance, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. 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.

2. As of noon trading, America Movil SAB de CV ( AMX) is down $0.18 (-0.9%) to $20.59 on light volume. Thus far, 1.4 million shares of America Movil SAB de CV exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $20.54-$20.84 after having opened the day at $20.74 as compared to the previous trading day's close of $20.77.

America Movil, S.A.B. de C.V. provides telecommunications services in the United States, Latin America, and the Caribbean. America Movil SAB de CV has a market cap of $73.0 billion and is part of the technology sector. Shares are down 11.1% year-to-date as of the close of trading on Monday. Currently there is 1 analyst that rates America Movil SAB de CV a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates America Movil SAB de CV as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk. Get the full America Movil SAB de CV 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, Verizon Communications ( VZ) is down $0.32 (-0.6%) to $48.90 on light volume. Thus far, 6.2 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 17.0 million shares. The stock has ranged in price between $48.82-$49.07 after having opened the day at $49.01 as compared to the previous trading day's close of $49.22.

Verizon Communications Inc. provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $205.9 billion and is part of the technology sector. Shares are up 1.2% year-to-date as of the close of trading on Monday. Currently there are 21 analysts that rate Verizon Communications a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Verizon 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).

null