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 telecommunication stocks to buy right now are:
1. Ooma (NYSE:OOMA)
Ooma (NYSE:OOMA) is the #1 top telecom stock out of 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
Learn more.
The Component Grade breakdown for Ooma (NYSE:OOMA) is: Value: B, Growth: A, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: A.
Ooma (NYSE:OOMA) has a Due Diligence Score of 46, which is 19 points higher than the telecom industry average of 27.
OOMA passed 15 out of 33 due diligence checks and has strong fundamentals. Ooma has seen its stock return 1.89% over the past year, overperforming other telecom stocks by 13 percentage points.
Ooma has an average 1 year
price target of $18.00, an upside of 28.21% from Ooma's current stock price of $14.04.
Ooma stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Ooma, 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. Kyivstar Group (NASDAQ:KYIV)
The Component Grade breakdown for Kyivstar Group (NASDAQ:KYIV) is: Value: A, Growth: B, Momentum: C, Sentiment: B, Safety: D, Financials: A, and AI: C.
Kyivstar Group (NASDAQ:KYIV) has a Due Diligence Score of 46, which is 19 points higher than the telecom industry average of 27.
KYIV passed 15 out of 33 due diligence checks and has strong fundamentals. Kyivstar Group has seen its stock lose -17.08% over the past year, underperforming other telecom stocks by -6 percentage points.
Kyivstar Group has an average 1 year
price target of $17.75, an upside of 69.21% from Kyivstar Group's current stock price of $10.49.
Kyivstar Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Kyivstar Group, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Millicom International Cellular Sa (NASDAQ:TIGO)
The Component Grade breakdown for Millicom International Cellular Sa (NASDAQ:TIGO) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: B, and AI: C.
Millicom International Cellular Sa (NASDAQ:TIGO) has a Due Diligence Score of 44, which is 17 points higher than the telecom industry average of 27.
TIGO passed 17 out of 38 due diligence checks and has strong fundamentals. Millicom International Cellular Sa has seen its stock return 151.86% over the past year, overperforming other telecom stocks by 163 percentage points.
Millicom International Cellular Sa has an average 1 year
price target of $66.25, a downside of -11.13% from Millicom International Cellular Sa's current stock price of $74.55.
Millicom International Cellular Sa stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Millicom International Cellular Sa, 75% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 25% have issued a Sell rating, and 0% have issued a Strong Sell.