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. Arena Group Holdings (NYSEMKT:AREN)
The Component Grade breakdown for Arena Group Holdings (NYSEMKT:AREN) is: Value: B, Growth: B, Momentum: A, Sentiment: B, Safety: C, Financials: B, and AI: D.
Arena Group Holdings (NYSEMKT:AREN) has a Due Diligence Score of 26, which is equal to the communication service sector average of 26. It passed 8 out of 33 due diligence checks and has average fundamentals. Arena Group Holdings has seen its stock return 705.46% over the past year, overperforming other communication service stocks by 713 percentage points.
Arena Group Holdings has an average 1 year
price target of $12.00, an upside of 76.73% from Arena Group Holdings's current stock price of $6.79.
Arena Group Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Arena Group Holdings, 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 256 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: A, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.
Nerdwallet (NASDAQ:NRDS) has 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. Nerdwallet has seen its stock lose -16.76% over the past year, underperforming other communication service stocks by -9 percentage points.
Nerdwallet has an average 1 year
price target of $13.80, an upside of 38.28% from Nerdwallet's current stock price of $9.98.
Nerdwallet stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Nerdwallet, 60% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Ihs Holding (NYSE:IHS)
Ihs Holding (NYSE:IHS) is the #3 top communication service stock out of 256 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 Ihs Holding (NYSE:IHS) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: A.
Ihs Holding (NYSE:IHS) has a Due Diligence Score of 25, which is -1 points lower than the communication service sector average of 26. Although this number is below the industry average, our proven quant model rates IHS as a "A".It passed 8 out of 33 due diligence checks and has weak fundamentals. Ihs Holding has seen its stock return 91.29% over the past year, overperforming other communication service stocks by 99 percentage points.
Ihs Holding has an average 1 year
price target of $9.38, an upside of 37.67% from Ihs Holding's current stock price of $6.81.
Ihs Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Ihs Holding, 66.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.