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 43, which is 12 points higher than the communication equipment industry average of 31.
BKTI passed 18 out of 38 due diligence checks and has strong fundamentals. Bk Technologies has seen its stock return 92.1% over the past year, overperforming other communication equipment stocks by 71 percentage points.
Bk Technologies has an average 1 year
price target of $74.00, an upside of 15.68% from Bk Technologies's current stock price of $63.97.
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: A, Sentiment: B, Safety: C, Financials: B, and AI: C.
Commscope Holding Company (NASDAQ:COMM) has a Due Diligence Score of 24, which is -7 points lower than the communication equipment industry average of 31. 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 292.96% over the past year, overperforming other communication equipment stocks by 272 percentage points.
Commscope Holding Company has an average 1 year
price target of $16.00, a downside of -18.07% from Commscope Holding Company's current stock price of $19.53.
Commscope Holding Company stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Commscope Holding Company, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Ituran Location & Control (NASDAQ:ITRN)
The Component Grade breakdown for Ituran Location & Control (NASDAQ:ITRN) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: A, and AI: C.
Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 58, which is 27 points higher than the communication equipment industry average of 31.
ITRN passed 21 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 36.54% over the past year, overperforming other communication equipment stocks by 15 percentage points.