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.
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The Component Grade breakdown for Ooma (NYSE:OOMA) is: Value: C, Growth: A, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: B.
Ooma (NYSE:OOMA) has a Due Diligence Score of 47, which is 21 points higher than the telecom industry average of 26.
OOMA passed 16 out of 33 due diligence checks and has strong fundamentals. Ooma has seen its stock return 43.75% over the past year, overperforming other telecom stocks by 57 percentage points.
Ooma has an average 1 year
price target of $23.50, an upside of 30.05% from Ooma's current stock price of $18.07.
Ooma stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts 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. Idt (NYSE:IDT)
Idt (NYSE:IDT) is the #2 top telecom stock out of 54 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Idt (NYSE:IDT) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: B.
Idt (NYSE:IDT) has a Due Diligence Score of 35, which is 9 points higher than the telecom industry average of 26.
IDT passed 14 out of 38 due diligence checks and has average fundamentals. Idt has seen its stock lose -18.16% over the past year, underperforming other telecom stocks by -4 percentage points.
3. Telefonica Brasil Sa (NYSE:VIV)
The Component Grade breakdown for Telefonica Brasil Sa (NYSE:VIV) is: Value: B, Growth: B, Momentum: C, Sentiment: D, Safety: A, Financials: B, and AI: A.
Telefonica Brasil Sa (NYSE:VIV) has a Due Diligence Score of 28, which is 2 points higher than the telecom industry average of 26.
VIV passed 10 out of 38 due diligence checks and has average fundamentals. Telefonica Brasil Sa has seen its stock return 19.96% over the past year, overperforming other telecom stocks by 34 percentage points.
Telefonica Brasil Sa has an average 1 year
price target of $15.95, an upside of 20.65% from Telefonica Brasil Sa's current stock price of $13.22.
Telefonica Brasil Sa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Telefonica Brasil Sa, 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.