Sectors & IndustriesCommunication Services

Best Communication Service Stocks to Buy Now (2024)

Top communication service stocks in 2024 ranked by overall Due Diligence Score. See the best communication service stocks to buy now, according to analyst forecasts for the communication services sector.

According to Due Diligence Score, the 3 best communication stocks to buy right now are:

Integral Ad Science Holding (NASDAQ:IAS) is the top communication service stock with a Due Diligence Score of 64, which is 38 points higher than the communication service sector average of 26. It passed 22 out of 33 due diligence checks and has strong fundamentals. Integral Ad Science Holding has seen its stock lose -28.03% over the past year, underperforming other communication service stocks by -49 percentage points.

Integral Ad Science Holding has an average 1 year price target of $14.63, an upside of 38.23% from Integral Ad Science Holding's current stock price of $10.58.

Integral Ad Science Holding stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Integral Ad Science Holding, 25% have issued a Strong Buy rating, 37.5% have issued a Buy, 37.5% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Liberty Broadband (NASDAQ:LBRDA) is the second best communication service stock with a Due Diligence Score of 58, which is 32 points higher than the communication service sector average of 26. It passed 19 out of 33 due diligence checks and has strong fundamentals. Liberty Broadband has seen its stock return 5.56% over the past year, underperforming other communication service stocks by -15 percentage points.

Liberty Broadband has an average 1 year price target of $83.50, an upside of 2.2% from Liberty Broadband's current stock price of $81.70.

Liberty Broadband stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Liberty Broadband, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Steel Connect (NASDAQ:STCN) is the third best communication service stock with a Due Diligence Score of 57, which is 31 points higher than the communication service sector average of 26. It passed 18 out of 33 due diligence checks and has strong fundamentals. Steel Connect has seen its stock return 32.83% over the past year, overperforming other communication service stocks by 12 percentage points.

Out of 53 communication service stocks that have issued dividends in the past year, the 3 communication service stocks with the highest dividend yields are:

Trivago Nv (NASDAQ:TRVG) has an annual dividend yield of N/A, which is N/A percentage points lower than the communication service sector average of 6.6%.

Trivago Nv's dividend payout ratio of -876.1% indicates that its dividend yield might not be sustainable for the long-term.

Douyu International Holdings (NASDAQ:DOYU) has an annual dividend yield of 83.42%, which is 77 percentage points higher than the communication service sector average of 6.6%.

Douyu International Holdings's dividend payout ratio of -1,130.5% indicates that its high dividend yield might not be sustainable for the long-term.

Huya (NYSE:HUYA) has an annual dividend yield of 34.73%, which is 28 percentage points higher than the communication service sector average of 6.6%.

Huya's dividend payout ratio of -2,045.2% indicates that its high dividend yield might not be sustainable for the long-term.

Communication service stocks were down -0.68% in the last day, and down -2.55% over the last week. Bilibili was the among the top losers in the communication services sector, dropping -2.17% yesterday.

Shares of US-listed Chinese stocks are trading lower due to stimulus concerns and disappointing economic data. The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products.

Based on WallStreetZen's Valuation Score, the 3 most undervalued communication service stocks right now are:

Able View Global (NASDAQ:ABLV) is the most undervalued communication service stock based on WallStreetZen's Valuation Score. Able View Global has a valuation score of 86, which is 65 points higher than the communication service sector average of 21. It passed 6 out of 7 valuation due diligence checks.

Able View Global's stock has dropped -81.33% in the past year. It has underperformed other stocks in the communication service sector by -102 percentage points.

Amc Networks (NASDAQ:AMCX) is the second most undervalued communication service stock based on WallStreetZen's Valuation Score. Amc Networks has a valuation score of 71, which is 50 points higher than the communication service sector average of 21. It passed 5 out of 7 valuation due diligence checks.

Amc Networks's stock has dropped -47.11% in the past year. It has underperformed other stocks in the communication service sector by -68 percentage points.

Comcast (NASDAQ:CMCSA) is the third most undervalued communication service stock based on WallStreetZen's Valuation Score. Comcast has a valuation score of 71, which is 50 points higher than the communication service sector average of 21. It passed 5 out of 7 valuation due diligence checks.

Comcast's stock has dropped -8.59% in the past year. It has underperformed other stocks in the communication service sector by -29 percentage points.