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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 35 points (0.2%) at 18,122 as of Monday, July 20, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,082 issues advancing vs. 1,923 declining with 148 unchanged.

The Telecommunications industry currently sits down 0.8% versus the S&P 500, which is up 0.2%. A company within the industry that increased today was LM Ericsson Telephone Company ( ERIC), up 1.7%.

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

3. Telecom Italia SpA ( TI) is one of the companies pushing the Telecommunications industry higher today. As of noon trading, Telecom Italia SpA is up $0.15 (1.1%) to $13.64 on light volume. Thus far, 27,553 shares of Telecom Italia SpA exchanged hands as compared to its average daily volume of 386,500 shares. The stock has ranged in price between $13.59-$13.69 after having opened the day at $13.63 as compared to the previous trading day's close of $13.49.

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Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services. Telecom Italia SpA has a market cap of $26.4 billion and is part of the technology sector. Shares are up 28.0% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Telecom Italia SpA a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Telecom Italia SpA as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and weak operating cash flow. Get the full Telecom Italia SpA Ratings Report now.

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2. As of noon trading, Telefonica ( TEF) is up $0.19 (1.3%) to $15.19 on average volume. Thus far, 468,477 shares of Telefonica exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $15.10-$15.20 after having opened the day at $15.12 as compared to the previous trading day's close of $15.00.

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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 $70.1 billion and is part of the technology sector. Shares are up 5.6% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Telefonica a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Telefonica as a hold. Among the primary strengths of the company is its growth in net income. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and disappointing return on equity. Get the full Telefonica Ratings Report now.

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1. As of noon trading, Level 3 Communications ( LVLT) is up $0.93 (1.8%) to $53.97 on average volume. Thus far, 882,004 shares of Level 3 Communications exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $52.70-$54.16 after having opened the day at $53.03 as compared to the previous trading day's close of $53.04.

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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 $18.8 billion and is part of the technology sector. Shares are up 7.4% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate Level 3 Communications a buy, no analysts rate it a sell, and 6 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, increase in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Level 3 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).