All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 88 points (0.5%) at 16,341 as of Thursday, Sept. 10, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,828 issues advancing vs. 1,144 declining with 173 unchanged.

The Telecommunications industry currently sits up 1.1% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include SBA Communications ( SBAC), down 3.1%, Crown Castle International ( CCI), down 1.4% and America Movil SAB de CV ( AMOV), down 1.0%.

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

3. Nippon Telegraph & Telephone ( NTT) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, Nippon Telegraph & Telephone is down $0.69 (-1.8%) to $38.07 on heavy volume. Thus far, 425,905 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 286,300 shares. The stock has ranged in price between $37.92-$38.16 after having opened the day at $38.15 as compared to the previous trading day's close of $38.76.

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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 $81.7 billion and is part of the technology sector. The company has a P/E ratio of 18.8, below the S&P 500 P/E ratio of 24.8. Shares are up 51.4% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that 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 solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Nippon Telegraph & Telephone Ratings Report now.

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2. As of noon trading, Telefonica ( TEF) is down $0.21 (-1.6%) to $13.25 on light volume. Thus far, 516,536 shares of Telefonica exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $13.24-$13.34 after having opened the day at $13.30 as compared to the previous trading day's close of $13.46.

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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 $63.0 billion and is part of the technology sector. Shares are down 5.3% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Telefonica a buy, 2 analysts rate 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 respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk. Get the full Telefonica Ratings Report now.

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1. As of noon trading, America Movil SAB de CV ( AMX) is down $0.09 (-0.5%) to $17.72 on heavy volume. Thus far, 3.9 million shares of America Movil SAB de CV exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $17.42-$17.81 after having opened the day at $17.79 as compared to the previous trading day's close of $17.81.

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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 $60.8 billion and is part of the technology sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 24.8. Shares are down 19.7% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate America Movil SAB de CV a buy, 3 analysts rate it a sell, and 3 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 a generally disappointing performance in the stock itself, generally higher debt management risk 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).