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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 17,609 as of Tuesday, June 30, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,652 issues advancing vs. 1,385 declining with 154 unchanged.

The Telecommunications industry currently sits up 0.2% versus the S&P 500, which is unchanged. Top gainers within the industry include Chunghwa Telecom ( CHT), up 1.9%, China Unicom (Hong Kong ( CHU), up 1.8% and NTT DoCoMo ( DCM), up 0.9%. A company within the industry that fell today was BT Group ( BT), up 1.6%.

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

3. Telekomunikasi Indonesia (Persero) Tbk ( TLK) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Telekomunikasi Indonesia (Persero) Tbk is up $0.66 (1.6%) to $43.37 on average volume. Thus far, 67,654 shares of Telekomunikasi Indonesia (Persero) Tbk exchanged hands as compared to its average daily volume of 174,200 shares. The stock has ranged in price between $43.32-$43.78 after having opened the day at $43.51 as compared to the previous trading day's close of $42.71.

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PT Telekomunikasi Indonesia Tbk engages in telecommunications, information, and media and edutainment businesses worldwide. Telekomunikasi Indonesia (Persero) Tbk has a market cap of $21.4 billion and is part of the technology sector. Shares are down 5.6% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Telekomunikasi Indonesia (Persero) Tbk a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Telekomunikasi Indonesia (Persero) Tbk as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full Telekomunikasi Indonesia (Persero) Tbk Ratings Report now.

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2. As of noon trading, Nippon Telegraph & Telephone ( NTT) is up $0.46 (1.3%) to $36.26 on light volume. Thus far, 76,506 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 269,900 shares. The stock has ranged in price between $36.22-$36.47 after having opened the day at $36.44 as compared to the previous trading day's close of $35.80.

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Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunications equipment, and system integration and other telecommunications-related services in Japan. Nippon Telegraph & Telephone has a market cap of $155.6 billion and is part of the technology sector. Shares are up 39.8% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Nippon Telegraph & Telephone a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nippon Telegraph & Telephone 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, reasonable valuation levels, solid stock price performance and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full Nippon Telegraph & Telephone Ratings Report now.

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1. As of noon trading, America Movil SAB de CV ( AMX) is up $0.17 (0.8%) to $21.19 on light volume. Thus far, 1.1 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 $20.97-$21.29 after having opened the day at $21.21 as compared to the previous trading day's close of $21.02.

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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 $72.5 billion and is part of the technology sector. Shares are down 3.2% 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, solid stock price performance 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 feeble growth in the company's earnings per share. Get the full America Movil SAB de CV 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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