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 +28.5% per year.
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The Component Grade breakdown for Ooma (NYSE:OOMA) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.
Ooma (NYSE:OOMA) has a Due Diligence Score of 44, which is 17 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 77.66% over the past year, overperforming other telecom stocks by 86 percentage points.
Ooma has an average 1 year
price target of $24.67, an upside of 9.24% from Ooma's current stock price of $22.58.
Ooma stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 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. Veon (NASDAQ:VEON)
Veon (NASDAQ:VEON) 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 +17.17% per year.
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The Component Grade breakdown for Veon (NASDAQ:VEON) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: A.
Veon (NASDAQ:VEON) has a Due Diligence Score of 30, which is 3 points higher than the telecom industry average of 27.
VEON passed 13 out of 38 due diligence checks and has average fundamentals. Veon has seen its stock return 30.3% over the past year, overperforming other telecom stocks by 39 percentage points.
Veon has an average 1 year
price target of $72.00, an upside of 5.09% from Veon's current stock price of $68.51.
Veon stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Veon, 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. Atn International (NASDAQ:ATNI)
The Component Grade breakdown for Atn International (NASDAQ:ATNI) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: A, Financials: B, and AI: B.
Atn International (NASDAQ:ATNI) has a Due Diligence Score of 35, which is 8 points higher than the telecom industry average of 27.
ATNI passed 13 out of 38 due diligence checks and has average fundamentals. Atn International has seen its stock return 93.18% over the past year, overperforming other telecom stocks by 102 percentage points.