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 55 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: B, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: B.
Ooma (NYSE:OOMA) has a Due Diligence Score of 26, which is equal to the telecom industry average of 26.
OOMA passed 8 out of 33 due diligence checks and has average fundamentals. Ooma has seen its stock return 11.58% over the past year, overperforming other telecom stocks by 9 percentage points.
Ooma has an average 1 year
price target of $20.00, an upside of 59.62% from Ooma's current stock price of $12.53.
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. Ihs Holding (NYSE:IHS)
Ihs Holding (NYSE:IHS) is the #2 top telecom stock out of 55 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 Ihs Holding (NYSE:IHS) is: Value: B, Growth: B, Momentum: A, Sentiment: B, Safety: C, Financials: B, and AI: B.
Ihs Holding (NYSE:IHS) has a Due Diligence Score of 25, which is -1 points lower than the telecom industry average of 26. Although this number is below the industry average, our proven quant model rates IHS as a "A".
IHS passed 8 out of 33 due diligence checks and has weak fundamentals. Ihs Holding has seen its stock return 143.91% over the past year, overperforming other telecom stocks by 142 percentage points.
Ihs Holding has an average 1 year
price target of $9.38, an upside of 23.19% from Ihs Holding's current stock price of $7.61.
Ihs Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Ihs Holding, 66.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Kt (NYSE:KT)
Kt (NYSE:KT) is the #3 top telecom stock out of 55 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 Kt (NYSE:KT) is: Value: A, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: A.
Kt (NYSE:KT) has a Due Diligence Score of 29, which is 3 points higher than the telecom industry average of 26.
KT passed 11 out of 38 due diligence checks and has average fundamentals. Kt has seen its stock return 28.02% over the past year, overperforming other telecom stocks by 26 percentage points.