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 254 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: A, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: A.
Ooma (NYSE:OOMA) has a Due Diligence Score of 46, which is 19 points higher than the communication service sector average of 27. It passed 15 out of 33 due diligence checks and has strong fundamentals. Ooma has seen its stock return 1.56% over the past year, overperforming other communication service stocks by 43 percentage points.
Ooma has an average 1 year
price target of $18.00, an upside of 31.58% from Ooma's current stock price of $13.68.
Ooma stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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. Zedge (NYSEMKT:ZDGE)
Zedge (NYSEMKT:ZDGE) is the #2 top communication service stock out of 254 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 Zedge (NYSEMKT:ZDGE) is: Value: C, Growth: A, Momentum: C, Sentiment: A, Safety: B, Financials: C, and AI: C.
Zedge (NYSEMKT:ZDGE) has a Due Diligence Score of 24, which is -3 points lower than the communication service sector average of 27. Although this number is below the industry average, our proven quant model rates ZDGE as a "A".It passed 7 out of 33 due diligence checks and has weak fundamentals. Zedge has seen its stock return 26.67% over the past year, overperforming other communication service stocks by 68 percentage points.
3. Tim Sa (NYSE:TIMB)
Tim Sa (NYSE:TIMB) is the #3 top communication service stock out of 254 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 Tim Sa (NYSE:TIMB) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: B, and AI: A.
Tim Sa (NYSE:TIMB) has a Due Diligence Score of 19, which is -8 points lower than the communication service sector average of 27. Although this number is below the industry average, our proven quant model rates TIMB as a "A".It passed 6 out of 38 due diligence checks and has weak fundamentals. Tim Sa has seen its stock return 71.28% over the past year, overperforming other communication service stocks by 112 percentage points.
Tim Sa has an average 1 year
price target of $25.53, an upside of 2.17% from Tim Sa's current stock price of $24.99.
Tim Sa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Tim Sa, 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.