3 Stocks Underperforming Today In The Telecommunications Industry

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 16,848 as of Wednesday, March 2, 2016, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,599 issues advancing vs. 1,307 declining with 169 unchanged.

The Telecommunications industry currently sits up 0.6% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Equinix ( EQIX), down 2.3%, and China Telecom ( CHA), down 0.9%.

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 $0.25 (-0.6%) to $43.06 on heavy volume. Thus far, 365,154 shares of Nippon Telegraph & Telephone exchanged hands as compared to its average daily volume of 428,200 shares. The stock has ranged in price between $42.83-$43.07 after having opened the day at $42.84 as compared to the previous trading day's close of $43.31.

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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 and internationally. Nippon Telegraph & Telephone has a market cap of $89.5 billion and is part of the technology sector. Shares are up 9.0% year-to-date as of the close of trading on Tuesday. 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Nippon Telegraph & Telephone Ratings Report now.

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2. As of noon trading, BCE ( BCE) is down $0.74 (-1.7%) to $42.91 on light volume. Thus far, 255,166 shares of BCE exchanged hands as compared to its average daily volume of 997,500 shares. The stock has ranged in price between $42.84-$43.41 after having opened the day at $43.38 as compared to the previous trading day's close of $43.65.

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BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through Bell Wireless, Bell Wireline, and Bell Media segments. BCE has a market cap of $37.3 billion and is part of the technology sector. Shares are up 13.0% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate BCE a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates BCE as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and relatively strong performance when compared with the S&P 500 during the past year. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full BCE Ratings Report now.

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1. As of noon trading, T-Mobile US ( TMUS) is down $0.88 (-2.3%) to $37.77 on light volume. Thus far, 751,390 shares of T-Mobile US exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $37.69-$38.56 after having opened the day at $38.51 as compared to the previous trading day's close of $38.65.

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T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets. T-Mobile US has a market cap of $30.4 billion and is part of the technology sector. Shares are down 1.2% year-to-date as of the close of trading on Tuesday. Currently there are 14 analysts that rate T-Mobile US a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates T-Mobile US as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, good cash flow from operations and expanding profit margins. 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 T-Mobile US 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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