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: A.
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 40.16% over the past year, overperforming other telecom stocks by 51 percentage points.
Ooma has an average 1 year
price target of $21.77, an upside of 25.24% from Ooma's current stock price of $17.38.
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. America Movil Sab De CV (NYSE:AMX)
The Component Grade breakdown for America Movil Sab De CV (NYSE:AMX) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: A.
America Movil Sab De CV (NYSE:AMX) has a Due Diligence Score of 19, which is -7 points lower than the telecom industry average of 26. Although this number is below the industry average, our proven quant model rates AMX as a "B".
AMX passed 8 out of 38 due diligence checks and has weak fundamentals. America Movil Sab De CV has seen its stock return 53.51% over the past year, overperforming other telecom stocks by 64 percentage points.
America Movil Sab De CV has an average 1 year
price target of $27.43, an upside of 3.72% from America Movil Sab De CV's current stock price of $26.45.
America Movil Sab De CV stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering America Movil Sab De CV, 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. Idt (NYSE:IDT)
Idt (NYSE:IDT) is the #3 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 -19.99% over the past year, underperforming other telecom stocks by -9 percentage points.