3 Stocks Raising The Telecommunications Industry Higher

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 39 points (0.2%) at 17,686 as of Tuesday, Nov. 18, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,967 issues advancing vs. 1,008 declining with 165 unchanged.

The Telecommunications industry currently sits up 0.4% versus the S&P 500, which is up 0.4%. Top gainers within the industry include Telefonica ( TEF), up 1.9%, BT Group ( BT), up 1.2%, NTT DoCoMo ( DCM), up 0.9% and Nippon Telegraph & Telephone ( NTT), up 0.8%.

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

3. BCE ( BCE) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, BCE is up $0.45 (0.9%) to $47.79 on light volume. Thus far, 280,893 shares of BCE exchanged hands as compared to its average daily volume of 861,600 shares. The stock has ranged in price between $47.35-$47.97 after having opened the day at $47.39 as compared to the previous trading day's close of $47.34.

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

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 $38.8 billion and is part of the technology sector. Shares are up 9.4% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate BCE a buy, no analysts rate it a sell, and 6 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, good cash flow from operations, increase in net income and notable return on equity. 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 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, Nokia Oyj ( NOK) is up $0.30 (4.0%) to $7.98 on average volume. Thus far, 10.3 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 19.2 million shares. The stock has ranged in price between $7.88-$8.00 after having opened the day at $7.89 as compared to the previous trading day's close of $7.67.

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 $28.9 billion and is part of the technology sector. Shares are down 5.4% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Nokia Oyj a buy, 1 analyst rates it a sell, and 6 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, Level 3 Communications ( LVLT) is up $0.90 (1.9%) to $49.22 on light volume. Thus far, 1.0 million shares of Level 3 Communications exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $48.25-$49.38 after having opened the day at $48.39 as compared to the previous trading day's close of $48.32.

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

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 $16.5 billion and is part of the technology sector. Shares are up 45.7% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Level 3 Communications a buy, no analysts rate it a sell, and 7 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 find that the company has favored debt over equity in the management of its balance sheet. 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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