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 communication stocks to buy right now are:
1. Ooma (NYSE:OOMA)
Ooma (NYSE:OOMA) is the #1 top communication service stock out of 246 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: B, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Ooma (NYSE:OOMA) has a Due Diligence Score of 47, which is 19 points higher than the communication service sector average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Ooma has seen its stock return 58.01% over the past year, overperforming other communication service stocks by 100 percentage points.
Ooma has an average 1 year
price target of $24.75, an upside of 37.04% from Ooma's current stock price of $18.06.
Ooma stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 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 communication service stock out of 246 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 Veon (NASDAQ:VEON) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: B.
Veon (NASDAQ:VEON) has a Due Diligence Score of 30, which is 2 points higher than the communication service sector average of 28. It passed 13 out of 38 due diligence checks and has average fundamentals. Veon has seen its stock return 63.54% over the past year, overperforming other communication service stocks by 106 percentage points.
Veon has an average 1 year
price target of $98.50, an upside of 24.42% from Veon's current stock price of $79.17.
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. Niq Global Intelligence (NYSE:NIQ)
The Component Grade breakdown for Niq Global Intelligence (NYSE:NIQ) is: Value: C, Growth: B, Momentum: B, Sentiment: A, Safety: B, Financials: C, and AI: C.
Niq Global Intelligence (NYSE:NIQ) has a Due Diligence Score of 12, which is -16 points lower than the communication service sector average of 28. Although this number is below the industry average, our proven quant model rates NIQ as a "A".It passed 4 out of 33 due diligence checks and has weak fundamentals. Niq Global Intelligence has seen its stock return 38.09% over the past year, overperforming other communication service stocks by 80 percentage points.
Niq Global Intelligence has an average 1 year
price target of $21.78, an upside of 12.49% from Niq Global Intelligence's current stock price of $19.36.
Niq Global Intelligence stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Niq Global Intelligence, 44.44% have issued a Strong Buy rating, 44.44% have issued a Buy, 11.11% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.