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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 104 points (0.6%) at 17,895 as of Tuesday, June 16, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,771 issues advancing vs. 1,197 declining with 176 unchanged.

The Telecommunications industry currently sits up 0.2% versus the S&P 500, which is up 0.4%. Top gainers within the industry include Philippine Long Distance Telephone ( PHI), up 1.7%, American Tower ( AMT), up 0.9% and NTT DoCoMo ( DCM), up 0.7%. A company within the industry that fell today was China Telecom ( CHA), up 2.6%.

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

3. America Movil SAB de CV ( AMX) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, America Movil SAB de CV is up $0.14 (0.7%) to $20.45 on average volume. Thus far, 1.5 million shares of America Movil SAB de CV exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $20.22-$20.52 after having opened the day at $20.25 as compared to the previous trading day's close of $20.31.

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America Movil, S.A.B. de C.V. provides telecommunications services in Mexico and internationally. It offers mobile and fixed voice services, including airtime, local, domestic, and international long-distance services, as well as network interconnection and public telephony services. America Movil SAB de CV has a market cap of $69.1 billion and is part of the technology sector. Shares are down 7.7% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate America Movil SAB de CV a buy, 2 analysts rate it a sell, and 5 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 generally higher debt management risk, deteriorating net income and relatively poor performance when compared with the S&P 500 during the past year. Get the full America Movil SAB de CV Ratings Report now.

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2. As of noon trading, Nokia Oyj ( NOK) is up $0.14 (1.9%) to $7.15 on light volume. Thus far, 5.2 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 28.3 million shares. The stock has ranged in price between $7.09-$7.20 after having opened the day at $7.14 as compared to the previous trading day's close of $7.01.

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Nokia Corporation, together with its subsidiaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally. Nokia Oyj has a market cap of $26.2 billion and is part of the technology sector. Shares are down 10.8% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Nokia Oyj a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Nokia Oyj 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, notable return on equity, reasonable valuation levels, compelling growth in net income and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Nokia Oyj Ratings Report now.

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1. As of noon trading, Verizon Communications ( VZ) is up $0.27 (0.6%) to $47.27 on light volume. Thus far, 4.9 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 15.1 million shares. The stock has ranged in price between $46.91-$47.28 after having opened the day at $46.99 as compared to the previous trading day's close of $47.00.

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Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $192.7 billion and is part of the technology sector. Shares are up 0.5% year-to-date as of the close of trading on Monday. Currently there are 16 analysts who rate Verizon Communications a buy, 1 analyst rates 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, increase in net income, good cash flow from operations, expanding profit margins and notable return on equity. We feel its 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.

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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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