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 250 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: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.
Ooma (NYSE:OOMA) has a Due Diligence Score of 20, which is -6 points lower than the communication service sector average of 26. Although this number is below the industry average, our proven quant model rates OOMA as a "A".It passed 6 out of 33 due diligence checks and has weak fundamentals. Ooma has seen its stock return 32.04% over the past year, overperforming other communication service stocks by 57 percentage points.
Ooma has an average 1 year
price target of $18.50, an upside of 47.18% from Ooma's current stock price of $12.57.
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. Nerdwallet (NASDAQ:NRDS)
Nerdwallet (NASDAQ:NRDS) is the #2 top communication service stock out of 250 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 Nerdwallet (NASDAQ:NRDS) is: Value: B, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.
Nerdwallet (NASDAQ:NRDS) has a Due Diligence Score of 61, which is 35 points higher than the communication service sector average of 26. It passed 20 out of 33 due diligence checks and has strong fundamentals. Nerdwallet has seen its stock lose -24.41% over the past year.
Nerdwallet has an average 1 year
price target of $14.25, an upside of 30.38% from Nerdwallet's current stock price of $10.93.
Nerdwallet stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Nerdwallet, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Everquote (NASDAQ:EVER)
Everquote (NASDAQ:EVER) is the #3 top communication service stock out of 250 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 Everquote (NASDAQ:EVER) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: C.
Everquote (NASDAQ:EVER) has a Due Diligence Score of 59, which is 33 points higher than the communication service sector average of 26. It passed 19 out of 33 due diligence checks and has strong fundamentals. Everquote has seen its stock return 19.69% over the past year, overperforming other communication service stocks by 44 percentage points.
Everquote has an average 1 year
price target of $32.67, an upside of 34.71% from Everquote's current stock price of $24.25.
Everquote stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Everquote, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.