Today's Stocks Driving Success For 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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 25 points (-0.1%) at 17,365 as of Monday, Nov. 3, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,608 issues advancing vs. 1,366 declining with 174 unchanged.

The Telecommunications industry currently sits up 0.1% versus the S&P 500, which is up 0.1%.

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

3. SK Telecom ( SKM) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, SK Telecom is up $0.42 (1.5%) to $28.21 on light volume. Thus far, 273,363 shares of SK Telecom exchanged hands as compared to its average daily volume of 941,400 shares. The stock has ranged in price between $28.18-$28.58 after having opened the day at $28.37 as compared to the previous trading day's close of $27.79.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

SK Telecom Co., Ltd. provides wireless telecommunications services in Korea. SK Telecom has a market cap of $18.2 billion and is part of the technology sector. Shares are up 12.9% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who 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 solid stock price performance, growth in earnings per share, revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. 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, Nokia Oyj ( NOK) is up $0.14 (1.7%) to $8.41 on average volume. Thus far, 8.6 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 19.6 million shares. The stock has ranged in price between $8.37-$8.44 after having opened the day at $8.38 as compared to the previous trading day's close of $8.27.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Nokia Corporation is engaged in the network infrastructure, location-based technologies, and advanced technologies businesses worldwide. The company operates through four segments: Mobile Broadband, Global Services, HERE, and Technologies. Nokia Oyj has a market cap of $30.3 billion and is part of the technology sector. Shares are up 2.0% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Nokia Oyj a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Nokia Oyj as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year. Get the full Nokia Oyj 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, Crown Castle International ( CCI) is up $1.30 (1.7%) to $79.42 on heavy volume. Thus far, 2.2 million shares of Crown Castle International exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $78.28-$79.82 after having opened the day at $78.71 as compared to the previous trading day's close of $78.12.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Crown Castle International Corp., together with its subsidiaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. Crown Castle International has a market cap of $27.8 billion and is part of the technology sector. Shares are up 6.4% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate Crown Castle International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Crown Castle International as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, increase in stock price during the past year, 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 somewhat disappointing return on equity. Get the full Crown Castle International 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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