According to Zen Score, the 3 best telecommunication stocks to buy right now are:
1. Interdigital (NASDAQ:IDCC)
Interdigital (NASDAQ:IDCC) is the top telecom stock with a Zen Score of 65, which is 36 points higher than the telecom industry average of 29. It passed 24 out of 38 due diligence checks and has strong fundamentals. Interdigital has seen its stock return 44.82% over the past year, overperforming other telecom stocks by 68 percentage points.
Interdigital has an average 1 year
price target of $100.00, an upside of 2.15% from Interdigital's current stock price of $97.90.
Interdigital stock has a consensus Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Interdigital, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 100% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Cogent Communications Holdings (NASDAQ:CCOI)
Cogent Communications Holdings (NASDAQ:CCOI) is the second best telecom stock with a Zen Score of 64, which is 35 points higher than the telecom industry average of 29. It passed 24 out of 38 due diligence checks and has strong fundamentals. Cogent Communications Holdings has seen its stock lose -6.17% over the past year, overperforming other telecom stocks by 17 percentage points.
Cogent Communications Holdings has an average 1 year
price target of $82.00, an upside of 26.35% from Cogent Communications Holdings's current stock price of $64.90.
Cogent Communications Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Cogent Communications Holdings, 33.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Comcast (NASDAQ:CMCSA)
Comcast (NASDAQ:CMCSA) is the third best telecom stock with a Zen Score of 59, which is 30 points higher than the telecom industry average of 29. It passed 21 out of 38 due diligence checks and has strong fundamentals. Comcast has seen its stock lose -8.26% over the past year, overperforming other telecom stocks by 15 percentage points.
Comcast has an average 1 year
price target of $48.41, an upside of 26.72% from Comcast's current stock price of $38.20.
Comcast stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Comcast, 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.