Today's Top Performers In Telecommunications

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 104 points (-0.6%) at 17,824 as of Wednesday, May 6, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 986 issues advancing vs. 2,035 declining with 119 unchanged.

The Telecommunications industry currently sits down 0.5% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include China Telecom ( CHA), down 3.1%, China Unicom (Hong Kong ( CHU), down 2.7%, America Movil SAB de CV ( AMOV), down 1.9% and AT&T ( T), down 0.6%.

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

3. BT Group ( BT) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, BT Group is up $0.88 (1.3%) to $69.32 on heavy volume. Thus far, 130,912 shares of BT Group exchanged hands as compared to its average daily volume of 145,300 shares. The stock has ranged in price between $68.54-$69.53 after having opened the day at $69.03 as compared to the previous trading day's close of $68.44.

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BT Group plc provides communications services worldwide. The company operates through BT Global Services, BT Business, BT Consumer, BT Wholesale, and Openreach segments. BT Group has a market cap of $57.1 billion and is part of the technology sector. Shares are up 13.1% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate BT Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates BT Group as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Get the full BT Group Ratings Report now.

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2. As of noon trading, Telefonica ( TEF) is up $0.10 (0.6%) to $15.14 on heavy volume. Thus far, 1.5 million shares of Telefonica exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $15.14-$15.36 after having opened the day at $15.27 as compared to the previous trading day's close of $15.05.

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Telefonica, S.A. provides fixed and mobile communication services primarily in Europe and Latin America. The company offers mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services. Telefonica has a market cap of $71.2 billion and is part of the technology sector. Shares are up 7.5% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Telefonica a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Telefonica as a hold. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins. Get the full Telefonica Ratings Report now.

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1. As of noon trading, Rogers Communications ( RCI) is up $1.40 (4.0%) to $36.28 on heavy volume. Thus far, 661,170 shares of Rogers Communications exchanged hands as compared to its average daily volume of 502,900 shares. The stock has ranged in price between $35.21-$36.62 after having opened the day at $35.21 as compared to the previous trading day's close of $34.88.

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Rogers Communications Inc. operates as a communications and media company in Canada. The company's Wireless segment offers wireless telecommunications services to consumers and businesses under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications. Rogers Communications has a market cap of $14.3 billion and is part of the technology sector. Shares are down 8.5% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Rogers Communications a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Rogers Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally higher debt management risk. Get the full Rogers Communications Ratings Report now.

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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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