According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best communication equipment stocks to buy right now are:
1. Bk Technologies (NYSEMKT:BKTI)
The Component Grade breakdown for Bk Technologies (NYSEMKT:BKTI) is: Value: B, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.
Bk Technologies (NYSEMKT:BKTI) has a Due Diligence Score of 40, which is 11 points higher than the communication equipment industry average of 29.
BKTI passed 16 out of 38 due diligence checks and has average fundamentals. Bk Technologies has seen its stock return 226.54% over the past year, overperforming other communication equipment stocks by 201 percentage points.
Bk Technologies has an average 1 year
price target of $55.00, an upside of 28.47% from Bk Technologies's current stock price of $42.81.
Bk Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Bk Technologies, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Commscope Holding Company (NASDAQ:COMM)
The Component Grade breakdown for Commscope Holding Company (NASDAQ:COMM) is: Value: A, Growth: A, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.
Commscope Holding Company (NASDAQ:COMM) has a Due Diligence Score of 24, which is -5 points lower than the communication equipment industry average of 29. Although this number is below the industry average, our proven quant model rates COMM as a "A".
COMM passed 8 out of 33 due diligence checks and has weak fundamentals. Commscope Holding Company has seen its stock return 509.3% over the past year, overperforming other communication equipment stocks by 484 percentage points.
Commscope Holding Company has an average 1 year
price target of $6.25, a downside of -20.48% from Commscope Holding Company's current stock price of $7.86.
Commscope Holding Company stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Commscope Holding Company, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Extreme Networks (NASDAQ:EXTR)
The Component Grade breakdown for Extreme Networks (NASDAQ:EXTR) is: Value: C, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.
Extreme Networks (NASDAQ:EXTR) has a Due Diligence Score of 13, which is -16 points lower than the communication equipment industry average of 29. Although this number is below the industry average, our proven quant model rates EXTR as a "A".
EXTR passed 4 out of 33 due diligence checks and has weak fundamentals. Extreme Networks has seen its stock return 33.64% over the past year, overperforming other communication equipment stocks by 8 percentage points.
Extreme Networks has an average 1 year
price target of $17.50, a downside of -1.02% from Extreme Networks's current stock price of $17.68.
Extreme Networks stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Extreme Networks, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.