WallStreetZenWallStreetZen

Sectors & IndustriesTechnologyCommunication Equipment
Best Communication Equipment Stocks to Buy Now (2022)
Top communication equipment stocks in 2022 ranked by overall Zen Score. See the best communication equipment stocks to buy now, according to analyst forecasts for the communication equipment industry.

Industry: Communication Equipment
Ticker
Company
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
CLFD
CLEARFIELD INC
$118.99253,265-28.05%113.2099.6778.7168.8566.8280.9794.8194.2585.7090.9912.4711.241.231.24
CSCO
CISCO SYSTEMS INC
$46.7720,973,49935.79%45.7945.2644.1447.2052.2465.5596.4094.1399.3596.310.650.470.181.01
ITRN
ITURAN LOCATION & CONTROL LTD
$26.9527,90142.84%26.2425.5824.6423.9224.2770.2794.0488.0286.4775.370.610.510.100.66
ZBRA
ZEBRA TECHNOLOGIES CORP
$344.91185,480-26.35%334.51335.21315.75344.23431.9758.6962.0453.5050.2943.647.156.250.901.26
CMBM
CAMBIUM NETWORKS CORP
$20.1370,000-48.44%19.8318.7716.5316.7821.1166.3682.6387.3957.3273.101.161.090.071.08
AMPG
AMPLITECH GROUP INC
$2.37375,439-85.74%2.452.442.232.372.9748.4860.4775.0166.7383.930.060.060.011.05
WTT
WIRELESS TELECOM GROUP INC
$1.4319,617-15.34%1.471.421.351.471.7052.9336.1142.955.047.410.030.04-0.010.62
JNPR
JUNIPER NETWORKS INC
$29.102,139,987-23.83%28.4628.3528.5430.8532.1357.7488.5887.17100.00100.000.06-0.100.160.85
ERIC
ERICSSON LM TELEPHONE CO
$7.643,734,75912.82%7.637.527.548.009.2953.3968.1575.4847.4363.810.050.020.020.93
AVNW
AVIAT NETWORKS INC
$33.5887,39320.04%32.3030.5527.9728.9729.4877.4993.8392.4899.9194.171.601.320.280.87
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
$14.891,429,90165.57%15.6014.5413.0212.36N/A55.1350.4360.055.9118.680.830.94-0.111.54
AUDC
AUDIOCODES LTD
$22.6744,1993.71%22.2522.9522.5823.0627.4050.0545.9945.0648.4147.59-0.06-0.04-0.020.93
SATS
ECHOSTAR CORP
$20.91193,1476.19%20.5620.1119.9921.7723.7363.5193.6886.0997.4891.180.270.140.130.83
DGII
DIGI INTERNATIONAL INC
$33.97238,709-43.52%33.4930.5626.6123.7523.0770.2382.5881.1021.2332.002.432.230.201.11
HPE
HEWLETT PACKARD ENTERPRISE CO
$14.958,315,5635.27%14.5214.2813.9014.8615.4466.1693.9091.63100.0098.120.270.180.091.11
BOXL
BOXLIGHT CORP
$0.77412,610-48.94%0.690.630.680.861.1268.3686.9089.07100.00100.000.02-0.010.030.71
MYNA
MYNARIC AG
$8.527,99110.14%8.438.728.039.00N/A51.0325.7031.3220.6229.590.060.12-0.061.28
NTIP
NETWORK-1 TECHNOLOGIES INC
$2.2621,120104.67%2.302.302.362.422.5742.3917.0614.7022.5825.08-0.03-0.02-0.000.30
VISL
VISLINK TECHNOLOGIES INC
$0.60675,8379.73%0.640.610.620.730.9746.5062.8474.0076.0390.660.010.000.010.74
AKTS
AKOUSTIS TECHNOLOGIES INC
$5.12322,428-4.04%4.854.504.064.485.4666.2395.8094.9590.2390.030.320.250.071.32
OCC
OPTICAL CABLE CORP
$3.563,3249.85%3.703.603.563.784.2148.2938.4749.3616.4133.790.030.04-0.010.42
CIEN
CIENA CORP
$55.631,002,807-3.30%53.4251.7348.3451.7658.8370.8597.1193.1294.4284.401.781.450.331.05
MSI
MOTOROLA SOLUTIONS INC
$256.59397,967-15.46%249.90239.32222.62222.85232.8077.2797.1996.3495.0394.2010.118.811.300.94
PCTI
PC TEL INC
$5.0153,0343.29%4.764.654.354.344.8468.1885.0379.1967.8656.200.150.130.020.65
NOK
NOKIA CORP
$5.1721,867,530-1.80%5.195.154.875.005.3456.5948.2458.6122.2632.150.090.11-0.010.88
AIRG
AIRGAIN INC
$8.3419,03869.30%8.258.208.548.709.2450.3169.8464.3190.6586.90-0.06-0.120.061.00
ONDS
ONDAS HOLDINGS INC
$5.22255,5437.66%5.174.985.566.346.4151.1668.6368.0983.2081.27-0.06-0.150.090.43
MAXR
MAXAR TECHNOLOGIES INC
$27.25543,9045.57%27.9127.3226.7830.1429.7950.1071.7866.1150.7444.130.310.300.011.45
ADTN
ADTRAN HOLDINGS INC
$24.83498,200-9.20%24.1824.0921.0119.5519.9965.9682.7575.2343.8638.151.011.10-0.091.00
MINM
MINIM INC
$0.4038,78211.32%0.390.370.400.520.9052.8550.2546.3893.7892.56-0.00-0.010.010.86
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
$2.512,869-38.79%2.472.372.362.382.6160.6971.9972.3583.1279.220.060.040.020.55
POLY
PLANTRONICS INC
$39.87324,43777.07%39.8239.8139.7239.4733.7759.0664.9168.4233.1342.070.040.04-0.001.16
PWFL
POWERFLEET INC
$3.3033,399-61.84%3.012.832.522.613.6764.4790.7186.8475.7570.500.230.170.060.87
LITE
LUMENTUM HOLDINGS INC
$89.602,833,609121.32%92.1689.7784.0986.3091.2852.2175.3685.1545.0649.312.652.620.041.27
HLIT
HARMONIC INC
$11.38484,153-13.55%11.2110.869.729.409.8669.1474.8271.6445.2138.370.480.49-0.010.97
EXTR
EXTREME NETWORKS INC
$13.631,528,29036.26%13.6712.7310.7410.7511.7866.0291.2590.3820.8730.030.930.94-0.011.60
SYTA
SIYATA MOBILE INC
$0.82136,66237.67%0.800.811.021.081.7343.3281.9977.4790.5094.72-0.05-0.070.020.79
PEGY
PINEAPPLE ENERGY INC
$3.73216,755-22.76%3.342.902.653.256.7861.3361.2851.1871.3362.340.320.210.120.65
SWIR
SIERRA WIRELESS INC
$30.68832,011-18.10%30.6627.8525.2821.8019.3167.5398.8398.8088.3090.191.821.690.130.96
UI
UBIQUITI INC
$323.0332,0888.27%316.48300.36273.56272.71277.7875.1997.0395.8064.5666.4815.3814.221.171.11
FKWL
FRANKLIN WIRELESS CORP
$2.9527,512542.65%2.993.013.133.393.7644.3113.4215.6119.7426.38-0.05-0.05-0.000.18
ALLT
ALLOT LTD
$4.66526,025503.56%5.385.315.205.778.1738.0842.5949.0933.6645.230.010.05-0.041.01
MITQ
MOVING IMAGE TECHNOLOGIES INC
$1.40168,46362.93%1.481.391.391.662.6352.1766.8779.6064.2977.800.050.020.021.03
INFN
INFINERA CORP
$5.791,874,160-66.20%5.335.815.586.337.4952.7545.5238.2046.7338.96-0.07-0.06-0.011.08
VIAV
VIAVI SOLUTIONS INC
$15.592,494,64041.49%15.2814.9314.1314.5015.4266.3378.6480.9976.7170.490.430.370.061.04
DZSI
DZS INC
$13.7494,972-20.52%13.7615.6516.2815.0214.6738.9111.9610.5817.2514.68-0.83-0.61-0.221.26
UTSI
UTSTARCOM HOLDINGS CORP
$3.701,973-6.71%3.663.693.463.193.4852.6743.4249.8536.5637.040.060.08-0.020.26
ITI
ITERIS INC
$3.3579,6345.98%3.092.892.882.823.4172.2889.7390.4795.0595.820.140.070.071.18
PI
IMPINJ INC
$96.56180,441-48.86%94.4285.3268.5359.8068.0675.7893.3793.2554.7765.978.618.370.251.52
LTRX
LANTRONIX INC
$7.50114,0754.16%7.516.935.925.976.7265.2883.0783.8026.1732.960.540.530.000.99
KVHI
KVH INDUSTRIES INC
$9.56102,617-3.69%8.718.578.398.338.8572.2295.6393.61100.00100.000.250.120.130.96
TESS
TESSCO TECHNOLOGIES INC
$5.3710,165-20.52%5.505.605.745.885.9939.1811.119.9331.6626.46-0.10-0.08-0.020.64
SONM
SONIM TECHNOLOGIES INC
$0.85348,639-43.01%0.760.730.640.660.8666.0486.4684.0387.9386.180.050.040.021.43
SILC
SILICOM LTD
$43.7411,2495.55%42.4040.7136.8236.7340.6370.7192.7293.7855.7448.151.971.810.160.60
GILT
GILAT SATELLITE NETWORKS LTD
$7.21127,357-31.98%7.086.866.426.977.3863.1892.0788.9040.2738.660.220.190.030.91
BKTI
BK TECHNOLOGIES CORP
$2.404,0840.84%2.572.542.512.472.4544.8527.5733.1120.8926.87-0.010.02-0.030.50
VSAT
VIASAT INC
$40.57313,6958.42%37.1633.7331.8136.9442.2181.0497.1395.59100.00100.002.571.630.941.10
KN
KNOWLES CORP
$16.911,059,209100.90%16.5917.9017.8618.6720.2843.0331.4228.6031.3827.53-0.45-0.31-0.140.94
NTGR
NETGEAR INC
$25.84189,64458.18%25.6223.9020.8321.2024.4268.5780.6979.9234.7138.021.521.55-0.030.90
CLRO
CLEARONE INC
$0.7046,668129.70%0.700.680.640.680.9255.1649.3458.227.7220.520.020.02-0.000.32
COMM
COMMSCOPE HOLDING COMPANY INC
$10.753,001,42133.52%10.059.187.777.408.6176.5595.5595.7081.2273.980.910.780.121.37
CMTL
COMTECH TELECOMMUNICATIONS CORP
$12.74153,989-60.38%12.0611.5610.5312.1217.2662.8883.8382.8979.2582.980.600.460.141.11
CAMP
CALAMP CORP
$6.251,119,11186.41%5.294.955.155.696.7774.4493.6987.48100.0094.230.220.050.171.31
CASA
CASA SYSTEMS INC
$4.30244,440-5.43%4.444.374.174.334.6449.7223.5125.5317.9114.430.050.08-0.031.30
CRNT
CERAGON NETWORKS LTD
$2.50419,045-17.61%2.632.622.402.152.3243.8820.7727.530.001.380.030.07-0.031.06
ASNS
ACTELIS NETWORKS INC
$1.3938,612-38.77%1.461.441.52N/AN/A44.6121.0927.1624.6031.96-0.03-0.03-0.010.52
FEIM
FREQUENCY ELECTRONICS INC
$6.5022,0102,367.49%6.526.436.777.398.3746.8355.3960.0365.5977.84-0.06-0.100.040.40
INSG
INSEEGO CORP
$3.03664,417-34.46%2.802.502.202.574.0164.9287.4185.0464.4869.230.250.180.071.31
TSAT
TELESAT CORP
$12.9223,986-45.85%12.4212.2612.7913.62N/A54.3576.5668.1189.4581.150.07-0.110.181.24

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Aug 2022?

According to Zen Score, the 3 best communication equipment stocks to buy right now are:

1. Clearfield (NASDAQ:CLFD)


Clearfield (NASDAQ:CLFD) is the top communication equipment stock with a Zen Score of 64, which is 31 points higher than the communication equipment industry average of 33. It passed 22 out of 33 due diligence checks and has strong fundamentals. Clearfield has seen its stock return 192.72% over the past year, overperforming other communication equipment stocks by 202 percentage points.

Clearfield has an average 1 year price target of $73.50, a downside of -38.23% from Clearfield's current stock price of $118.99.

Clearfield stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Clearfield, 0% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Cisco Systems (NASDAQ:CSCO)


Cisco Systems (NASDAQ:CSCO) is the second best communication equipment stock with a Zen Score of 58, which is 25 points higher than the communication equipment industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cisco Systems has seen its stock lose -16.9% over the past year, underperforming other communication equipment stocks by -8 percentage points.

Cisco Systems has an average 1 year price target of $53.12, an upside of 13.57% from Cisco Systems's current stock price of $46.77.

Cisco Systems stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Cisco Systems, 17.65% have issued a Strong Buy rating, 29.41% have issued a Buy, 47.06% have issued a hold, while 0% have issued a Sell rating, and 5.88% have issued a Strong Sell.

3. Ituran Location & Control (NASDAQ:ITRN)


Ituran Location & Control (NASDAQ:ITRN) is the third best communication equipment stock with a Zen Score of 52, which is 19 points higher than the communication equipment industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 10.09% over the past year, overperforming other communication equipment stocks by 19 percentage points.

Ituran Location & Control has an average 1 year price target of $25.00, a downside of -7.24% from Ituran Location & Control's current stock price of $26.95.

Ituran Location & Control stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Ituran Location & Control, 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.

What are the communication equipment stocks with highest dividends?

Out of 15 communication equipment stocks that have issued dividends in the past year, the 3 communication equipment stocks with the highest dividend yields are:

1. Bk Technologies (NYSEMKT:BKTI)


Bk Technologies (NYSEMKT:BKTI) has an annual dividend yield of 4.58%, which is 2 percentage points higher than the communication equipment industry average of 2.32%. Bk Technologies's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Bk Technologies's dividend has not shown consistent growth over the last 10 years.

Bk Technologies's dividend payout ratio of -16.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Network 1 Technologies (NYSEMKT:NTIP)


Network 1 Technologies (NYSEMKT:NTIP) has an annual dividend yield of 4.42%, which is 2 percentage points higher than the communication equipment industry average of 2.32%. Network 1 Technologies's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Network 1 Technologies's dividend has not shown consistent growth over the last 10 years.

Network 1 Technologies's dividend payout ratio of 76.9% indicates that its high dividend yield is sustainable for the long-term.

3. Tel (NASDAQ:PCTI)


Tel (NASDAQ:PCTI) has an annual dividend yield of 4.39%, which is 2 percentage points higher than the communication equipment industry average of 2.32%. Tel's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Tel's dividend has shown consistent growth over the last 10 years.

Tel's dividend payout ratio of -2,200% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks down?

Communication equipment stocks were down -0.75% in the last day, and up 4.55% over the last week. Allot was the among the top losers in the communication equipment industry, dropping -12.73% yesterday.

Allot shares are trading lower after the company reported Q2 EPS results were down year over year.

What are the most undervalued communication equipment stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued communication equipment stocks right now are:

1. Optical Cable (NASDAQ:OCC)


Optical Cable (NASDAQ:OCC) is the most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Optical Cable has a valuation score of 86, which is 53 points higher than the communication equipment industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Optical Cable's stock has dropped -5.07% in the past year. It has overperformed other stocks in the communication equipment industry by 4 percentage points.

2. Ericsson Lm Telephone Co (NASDAQ:ERIC)


Ericsson Lm Telephone Co (NASDAQ:ERIC) is the second most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Ericsson Lm Telephone Co has a valuation score of 71, which is 38 points higher than the communication equipment industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Ericsson Lm Telephone Co's stock has dropped -33.51% in the past year. It has underperformed other stocks in the communication equipment industry by -24 percentage points.

3. Aviat Networks (NASDAQ:AVNW)


Aviat Networks (NASDAQ:AVNW) is the third most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Aviat Networks has a valuation score of 71, which is 38 points higher than the communication equipment industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -10.19% in the past year. It has underperformed other stocks in the communication equipment industry by -1 percentage points.

Are communication equipment stocks a good buy now?

46.43% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 17.67% over the next year.

What is the average p/e ratio of the communication equipment industry?

The average P/E ratio of the communication equipment industry is 11.72x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.