Sectors & Industries Communication ServicesTelecom Services
Best Telecom Stocks to Buy Now (2024)
Top telecom stocks in 2024 ranked by overall Zen Score. See the best telecom stocks to buy now, according to analyst forecasts for the telecom services industry.

Industry: Telecom Services

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
IDCC	INTERDIGITAL INC	$99.91	283,479	-30.01%	97.45	97.50	103.02	104.40	95.13	52.31	89.77	83.06	100.00	100.00	-1.10	-1.77	0.66	1.11
CCOI	COGENT COMMUNICATIONS HOLDINGS INC	$64.93	366,312	35.77%	63.61	63.92	68.13	70.94	68.01	50.07	78.40	72.21	97.61	94.03	-0.74	-1.23	0.49	0.74
CMCSA	COMCAST CORP	$37.87	37,349,289	91.72%	39.58	40.37	41.62	42.64	43.30	28.72	40.79	46.55	61.48	83.26	-0.76	-0.72	-0.04	0.86
CABO	CABLE ONE INC	$387.39	143,244	61.40%	395.84	400.34	431.50	484.45	556.00	37.78	55.16	57.55	80.35	91.22	-10.94	-13.67	2.73	0.93
TV	GRUPO TELEVISA SAB	$2.98	867,680	10.38%	2.98	3.12	3.09	3.10	3.34	45.68	34.65	30.41	36.30	28.79	-0.04	-0.01	-0.03	1.31
VOD	VODAFONE GROUP PUBLIC LTD CO	$8.61	2,610,281	-27.58%	8.43	8.56	8.65	8.66	9.05	51.70	73.19	58.91	92.46	81.66	-0.04	-0.07	0.03	0.80
UCL	UCLOUDLINK GROUP INC	$1.41	26,566	698.98%	1.42	1.48	1.55	1.67	2.00	45.57	20.15	16.80	45.64	36.67	-0.05	-0.04	-0.01	0.75
ORAN	ORANGE	$11.23	608,183	42.56%	11.31	11.43	11.50	11.64	11.61	43.73	49.13	66.69	59.87	76.49	-0.04	-0.05	0.01	0.48
SHEN	SHENANDOAH TELECOMMUNICATIONS CO	$13.95	249,813	-4.92%	14.45	15.26	17.15	18.94	20.29	28.29	14.98	10.51	54.83	47.76	-0.94	-0.91	-0.02	0.87
CHTR	CHARTER COMMUNICATIONS INC	$259.10	2,170,111	92.03%	261.33	267.72	281.88	322.99	371.62	35.54	38.57	41.09	78.60	91.27	-7.34	-8.24	0.89	0.80
VZ	VERIZON COMMUNICATIONS INC	$39.22	16,585,249	10.93%	39.70	40.72	40.44	39.88	36.86	41.13	21.95	18.26	30.86	23.78	-0.38	-0.20	-0.19	0.44
LBRDA	LIBERTY BROADBAND CORP	$49.62	237,575	106.60%	49.34	51.08	55.48	65.51	76.98	33.89	38.91	37.27	92.57	97.42	-1.97	-2.31	0.34	0.87
TU	TELUS CORP	$16.10	1,841,648	-22.66%	15.92	16.00	16.67	17.34	17.27	47.34	66.38	64.30	87.30	85.42	-0.15	-0.22	0.07	0.71
RDCM	RADCOM LTD	$8.66	25,726	13.53%	9.09	9.82	10.27	9.41	9.08	33.79	8.96	12.00	27.97	28.91	-0.48	-0.37	-0.12	0.39
ATEX	ANTERIX INC	$31.89	127,388	-6.81%	31.86	32.40	34.73	33.61	32.47	41.44	30.17	27.35	64.87	54.05	-0.66	-0.70	0.04	0.87
CHT	CHUNGHWA TELECOM CO LTD	$37.87	55,383	-45.80%	38.26	38.71	38.57	38.38	37.45	40.46	26.85	33.19	35.96	41.03	-0.15	-0.06	-0.09	0.24
TMUS	T-MOBILE US INC	$164.05	5,801,466	23.42%	161.68	161.68	162.42	161.30	151.06	63.07	82.81	74.21	98.71	99.57	0.27	-0.19	0.46	0.76
GOGO	GOGO INC	$8.79	647,027	-1.98%	8.39	8.47	8.66	9.11	10.74	55.88	72.88	63.77	95.84	75.26	-0.02	-0.08	0.06	1.04
BCE	BCE INC	$32.89	1,753,154	-0.93%	32.59	32.86	34.74	37.38	38.80	42.21	71.81	67.71	89.27	95.16	-0.54	-0.75	0.20	0.66
IRDM	IRIDIUM COMMUNICATIONS INC	$29.69	1,640,145	-14.09%	26.81	26.20	27.46	32.87	39.36	69.40	98.26	96.83	100.00	100.00	0.30	-0.38	0.69	1.14
IDT	IDT CORP	$36.31	58,186	41.79%	36.50	36.88	37.06	35.27	30.34	43.58	47.38	51.01	74.80	85.14	-0.19	-0.14	-0.05	1.21
TKC	TURKCELL ILETISIM HIZMETLERI A S	$5.95	264,613	-25.36%	5.71	5.60	5.34	5.24	5.01	70.04	95.75	94.95	87.10	80.06	0.17	0.14	0.03	0.58
T	AT&T INC	$16.58	46,493,061	-36.92%	16.38	16.82	16.95	16.94	15.92	45.80	41.78	33.89	71.01	55.29	-0.18	-0.18	0.00	0.67
USM	UNITED STATES CELLULAR CORP	$36.17	182,749	42.35%	35.21	35.59	35.44	38.91	38.30	52.66	73.83	60.13	93.05	84.60	-0.10	-0.28	0.18	0.66
TLK	PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK	$18.85	848,329	12.38%	19.82	20.65	23.36	24.41	24.25	14.14	7.30	8.89	32.98	41.17	-1.19	-1.14	-0.04	0.61
RCI	ROGERS COMMUNICATIONS INC	$38.04	895,219	-44.57%	38.33	39.09	41.91	44.17	42.49	34.68	42.39	51.29	71.62	84.56	-1.01	-1.15	0.14	0.66
PHI	PLDT INC	$23.30	29,224	-21.91%	23.28	23.73	23.75	23.37	22.63	45.73	43.09	38.86	57.93	50.05	-0.21	-0.15	-0.06	0.47
KT	KT CORP	$12.51	322,836	-25.97%	12.41	12.95	13.80	13.57	12.92	34.98	33.01	30.23	93.21	83.48	-0.41	-0.41	0.01	0.56
ATUS	ALTICE USA INC	$1.95	1,734,082	-25.52%	1.97	2.23	2.41	2.44	2.72	34.11	13.45	11.10	22.43	17.08	-0.17	-0.14	-0.03	1.21
VIV	TELEFONICA BRASIL SA	$9.30	789,575	-7.21%	9.37	9.71	10.25	10.42	9.74	29.89	16.74	17.81	32.41	31.07	-0.27	-0.26	-0.01	0.64
CXDO	CREXENDO INC	$4.22	70,540	-32.68%	4.24	4.60	5.17	5.02	3.48	38.55	17.63	14.29	39.45	28.70	-0.28	-0.26	-0.02	0.73
FYBR	FRONTIER COMMUNICATIONS PARENT INC	$22.62	1,248,209	6.57%	2.43	2.99	3.50	3.59	2.60	29.78	3.93	3.29	5.50	5.17	-0.42	-0.35	-0.07	1.15
SIFY	SIFY TECHNOLOGIES LTD	$1.26	40,437	6.45%	1.23	1.26	1.29	1.45	1.68	49.30	28.07	18.98	28.83	9.61	-0.03	-0.02	-0.00	1.07
TDS	TELEPHONE & DATA SYSTEMS INC	$15.54	898,468	25.32%	15.44	15.63	15.59	17.09	16.80	48.14	69.27	59.94	81.03	78.15	-0.09	-0.13	0.05	0.84
ATNI	ATN INTERNATIONAL INC	$19.30	435,109	611.76%	26.90	27.91	31.01	33.53	33.80	20.91	49.86	51.33	66.67	86.40	-1.58	-1.28	-0.30	0.77
OOMA	OOMA INC	$6.80	155,919	20.00%	7.02	7.57	8.64	9.64	11.35	27.94	10.43	10.90	18.50	24.58	-0.54	-0.52	-0.02	0.83
FNGR	FINGERMOTION INC	$3.15	241,474	7.66%	3.10	2.90	2.60	2.94	4.14	60.12	46.57	48.76	23.07	30.93	0.19	0.18	0.00	1.16
AMX	AMERICA MOVIL SAB DE CV	$18.30	1,810,414	43.13%	18.14	18.42	18.65	18.43	18.41	48.05	46.69	48.27	68.11	70.19	-0.10	-0.12	0.01	0.76
VEON	VEON LTD	$23.49	12,759	-19.94%	23.56	23.56	24.18	22.02	19.92	48.02	71.59	70.46	78.46	82.43	-0.06	-0.08	0.03	0.81
KORE	KORE GROUP HOLDINGS INC	$0.80	5,910	-68.22%	0.78	0.75	0.80	0.81	0.78	53.36	76.91	74.43	96.26	92.99	0.00	-0.01	0.01	1.01
SKM	SK TELECOM CO LTD	$20.50	226,254	48.23%	20.22	20.67	21.47	21.27	20.89	41.07	39.31	35.35	97.62	91.30	-0.34	-0.37	0.03	0.60
TEF	TELEFONICA S A	$4.42	776,526	139.42%	4.27	4.30	4.22	4.14	4.08	64.17	90.20	84.11	93.63	85.28	0.03	0.02	0.02	0.73
LILA	LIBERTY LATIN AMERICA LTD	$7.46	570,629	33.67%	7.33	7.30	6.79	6.92	7.42	60.12	64.19	63.22	47.62	42.10	0.17	0.18	-0.01	1.37
GSAT	GLOBALSTAR INC	$1.30	2,629,889	31.99%	1.29	1.32	1.42	1.57	1.42	45.17	47.78	40.51	87.95	67.36	-0.04	-0.04	0.01	1.30
TIMB	TIM SA	$16.86	366,828	-15.62%	16.68	17.31	17.98	18.02	16.73	39.87	26.18	24.78	34.39	31.88	-0.40	-0.38	-0.02	0.81
RBBN	RIBBON COMMUNICATIONS INC	$3.24	1,475,840	-47.13%	2.74	2.88	2.98	2.90	2.75	65.70	55.97	34.89	68.02	35.31	-0.03	-0.07	0.04	1.31
LBTYA	LIBERTY GLOBAL LTD	$16.15	1,887,477	-10.52%	16.49	16.72	17.17	17.61	17.41	39.84	25.46	31.42	28.88	36.79	-0.23	-0.21	-0.02	0.87
TEO	TELECOM ARGENTINA SA	$7.62	42,169	-52.77%	7.38	7.66	7.53	7.53	6.60	51.23	48.65	47.21	65.11	63.19	-0.02	-0.02	-0.00	0.55
WOW	WIDEOPENWEST INC	$3.46	210,472	22.41%	3.49	3.58	3.56	3.64	5.36	47.34	20.95	16.68	24.81	19.85	-0.02	0.00	-0.02	1.25
LUMN	LUMEN TECHNOLOGIES INC	$1.21	12,104,357	3.75%	1.33	1.37	1.52	1.54	1.52	32.10	18.65	28.44	37.93	55.35	-0.07	-0.06	-0.01	1.05
IHS	IHS HOLDING LTD	$3.44	177,371	-17.60%	3.31	3.43	3.14	3.62	4.97	53.85	53.13	45.81	74.04	61.02	0.03	0.04	-0.01	0.94
CNSL	CONSOLIDATED COMMUNICATIONS HOLDINGS INC	$4.24	310,624	-67.00%	4.26	4.28	4.30	4.35	4.08	38.26	39.27	36.41	27.64	24.40	-0.02	-0.01	-0.01	1.01
TIGO	MILLICOM INTERNATIONAL CELLULAR SA	$20.28	74,755	83.70%	20.01	20.19	18.83	18.11	17.03	58.79	61.36	59.56	44.48	43.86	0.31	0.38	-0.08	0.86

Telecom Stocks FAQ

What are the best telecom stocks to buy right now in Apr 2024?

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 34 points higher than the telecom industry average of 31. It passed 24 out of 38 due diligence checks and has strong fundamentals. Interdigital has seen its stock return 44.65% over the past year, overperforming other telecom stocks by 64 percentage points.

Interdigital has an average 1 year price target of $100.00, an upside of 0.09% from Interdigital's current stock price of $99.91.

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 33 points higher than the telecom industry average of 31. It passed 24 out of 38 due diligence checks and has strong fundamentals. Cogent Communications Holdings has seen its stock lose -5.23% over the past year, overperforming other telecom stocks by 14 percentage points.

Cogent Communications Holdings has an average 1 year price target of $82.00, an upside of 26.29% from Cogent Communications Holdings's current stock price of $64.93.

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 57, which is 26 points higher than the telecom industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Comcast has seen its stock return 2.63% over the past year, overperforming other telecom stocks by 22 percentage points.

Comcast has an average 1 year price target of $49.22, an upside of 29.98% from Comcast's current stock price of $37.87.

Comcast stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Comcast, 22.22% have issued a Strong Buy rating, 22.22% have issued a Buy, 55.56% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the telecom stocks with highest dividends?

Out of 25 telecom stocks that have issued dividends in the past year, the 3 telecom stocks with the highest dividend yields are:

1. Crexendo (NASDAQ:CXDO)

Crexendo (NASDAQ:CXDO) has an annual dividend yield of N/A, which is N/A percentage points lower than the telecom industry average of 4.56%. Crexendo's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Crexendo's dividend has not shown consistent growth over the last 10 years.

Crexendo's dividend payout ratio of -50% indicates that its dividend yield might not be sustainable for the long-term.

2. Vodafone Group Public Co (NASDAQ:VOD)

Vodafone Group Public Co (NASDAQ:VOD) has an annual dividend yield of 11.26%, which is 7 percentage points higher than the telecom industry average of 4.56%. Vodafone Group Public Co's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. Vodafone Group Public Co's dividend has not shown consistent growth over the last 10 years.

Vodafone Group Public Co's dividend payout ratio of 23.2% indicates that its high dividend yield is sustainable for the long-term.

3. Bce (NYSE:BCE)

Bce (NYSE:BCE) has an annual dividend yield of 9.57%, which is 5 percentage points higher than the telecom industry average of 4.56%. Bce's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Bce's dividend has shown consistent growth over the last 10 years.

Bce's dividend payout ratio of 170.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are telecom stocks down?

Telecom stocks were down -2.11% in the last day, and down -0.12% over the last week. Atn International was the among the top losers in the telecom services industry, dropping -32.8% yesterday.

ATN International shares are trading lower after the company reported worse-than-expected Q1 revenue results and cut FY24 revenue guidance below estimates.

What are the most undervalued telecom stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued telecom stocks right now are:

1. Charter Communications (NASDAQ:CHTR)

Charter Communications (NASDAQ:CHTR) is the most undervalued telecom stock based on WallStreetZen's Valuation Score. Charter Communications has a valuation score of 86, which is 50 points higher than the telecom industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Charter Communications's stock has dropped -20.02% in the past year. It has underperformed other stocks in the telecom industry by -1 percentage points.

2. Comcast (NASDAQ:CMCSA)

Comcast (NASDAQ:CMCSA) is the second most undervalued telecom stock based on WallStreetZen's Valuation Score. Comcast has a valuation score of 86, which is 50 points higher than the telecom industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Comcast's stock has gained 2.63% in the past year. It has overperformed other stocks in the telecom industry by 22 percentage points.

3. Interdigital (NASDAQ:IDCC)

Interdigital (NASDAQ:IDCC) is the third most undervalued telecom stock based on WallStreetZen's Valuation Score. Interdigital has a valuation score of 86, which is 50 points higher than the telecom industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Interdigital's stock has gained 44.65% in the past year. It has overperformed other stocks in the telecom industry by 64 percentage points.

Are telecom stocks a good buy now?

36.36% of telecom stocks rated by analysts are a strong buy right now. On average, analysts expect telecom stocks to rise by 41.64% over the next year.

What is the average p/e ratio of the telecom services industry?

The average P/E ratio of the telecom services industry is 112.13x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.