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.
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The Component Grade breakdown for Ooma (NYSE:OOMA) is: Value: C, Growth: A, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.
Ooma (NYSE:OOMA) has a Due Diligence Score of 42, which is 15 points higher than the telecom industry average of 27.
OOMA passed 14 out of 33 due diligence checks and has strong fundamentals. Ooma has seen its stock return 45.93% over the past year, overperforming other telecom stocks by 56 percentage points.
Ooma has an average 1 year
price target of $18.15, an upside of 2.37% from Ooma's current stock price of $17.73.
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. Tim Sa (NYSE:TIMB)
Tim Sa (NYSE:TIMB) 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.
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The Component Grade breakdown for Tim Sa (NYSE:TIMB) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: B, and AI: A.
Tim Sa (NYSE:TIMB) has a Due Diligence Score of 23, which is -4 points lower than the telecom industry average of 27. Although this number is below the industry average, our proven quant model rates TIMB as a "A".
TIMB passed 9 out of 38 due diligence checks and has weak fundamentals. Tim Sa has seen its stock return 55.11% over the past year, overperforming other telecom stocks by 65 percentage points.
Tim Sa has an average 1 year
price target of $27.83, an upside of 8.55% from Tim Sa's current stock price of $25.64.
Tim Sa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Tim Sa, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Telefonica Brasil Sa (NYSE:VIV)
The Component Grade breakdown for Telefonica Brasil Sa (NYSE:VIV) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: B, and AI: A.
Telefonica Brasil Sa (NYSE:VIV) has a Due Diligence Score of 16, which is -11 points lower than the telecom industry average of 27. Although this number is below the industry average, our proven quant model rates VIV as a "A".
VIV passed 7 out of 38 due diligence checks and has weak fundamentals. Telefonica Brasil Sa has seen its stock return 64.61% over the past year, overperforming other telecom stocks by 75 percentage points.
Telefonica Brasil Sa has an average 1 year
price target of $15.90, an upside of 0.82% from Telefonica Brasil Sa's current stock price of $15.77.
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.