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Sectors & IndustriesCommunication Services
Best Communication Service Stocks to Buy Now (2024)
Top communication service stocks in 2024 ranked by overall Zen Score. See the best communication service stocks to buy now, according to analyst forecasts for the communication services sector.

Sector: Communication Services
Ticker
Company
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
SWAG
STRAN & COMPANY INC
$1.2320,01169.64%1.181.251.371.451.3443.5136.7128.5439.4716.88-0.06-0.06-0.000.59
CURI
CURIOSITYSTREAM INC
$1.06164,30850.24%1.071.120.830.680.7252.2319.8221.118.868.280.050.08-0.030.72
NEXN
NEXXEN INTERNATIONAL LTD
$5.4162,019599.44%5.605.485.245.064.7649.5746.8654.2730.7925.110.110.13-0.021.38
HUYA
HUYA INC
$4.49763,09113.02%4.454.614.313.813.4250.6717.4515.1615.6110.870.010.06-0.041.13
SIFY
SIFY TECHNOLOGIES LTD
$1.2214,102-49.97%1.221.251.291.441.6645.0929.5330.7253.1350.23-0.03-0.030.001.07
CMPR
CIMPRESS PLC
$85.27143,919-6.42%88.7191.7091.3585.3576.0638.4321.9525.4821.2823.76-0.97-0.36-0.601.65
IZEA
IZEA WORLDWIDE INC
$2.7864,13648.87%2.642.522.252.162.2166.5984.8485.9581.1877.690.150.120.030.99
SLE
SUPER LEAGUE ENTERPRISE INC
$1.3836,15176.60%1.431.601.941.902.4235.6721.1823.2765.0365.41-0.16-0.160.000.84
EVC
ENTRAVISION COMMUNICATIONS CORP
$2.09548,3801.38%2.082.032.253.173.5550.6266.8067.8473.2874.23-0.00-0.040.040.91
EVER
EVERQUOTE INC
$20.17669,603220.71%18.9819.1017.9415.1311.1860.0271.0360.4861.6448.860.450.440.001.17
LVO
LIVEONE INC
$1.90346,405-18.27%1.791.811.821.561.4456.9583.7080.2395.9293.940.01-0.000.021.15
TDS
TELEPHONE & DATA SYSTEMS INC
$15.65775,053-5.19%15.5815.6215.5116.9616.9149.2575.5874.7375.6874.88-0.03-0.090.060.85
OOMA
OOMA INC
$7.06101,023-57.30%6.957.368.459.4911.2337.0534.6326.5180.8657.59-0.45-0.500.050.83
BOC
BOSTON OMAHA CORP
$15.44122,4473.38%15.6715.6715.8615.7216.0945.2539.1853.6549.1563.17-0.04-0.050.010.99
WIMI
WIMI HOLOGRAM CLOUD INC
$0.93584,789-56.94%0.850.800.970.870.8252.5567.8669.2066.6769.630.01-0.030.041.56
SJ
SCIENJOY HOLDING CORP
$0.8917,744-47.83%0.850.950.951.752.3544.2731.1724.2431.2716.71-0.07-0.06-0.010.28
IQ
IQIYI INC
$4.855,696,653-9.65%4.594.454.124.114.5563.9489.0893.5887.6995.900.210.150.061.09
KRKR
36KR HOLDINGS INC
$0.3630,848-46.91%0.370.370.370.460.6443.9855.5967.9263.0276.29-0.00-0.000.000.70
TTWO
TAKE TWO INTERACTIVE SOFTWARE INC
$142.812,313,35975.38%142.39146.30147.03154.03149.2141.7232.3830.3649.3744.12-1.74-1.67-0.070.76
GAME
GAMESQUARE HOLDINGS INC
$1.42162,54416.90%1.481.681.561.591.9243.4616.0019.1314.1017.87-0.030.00-0.031.04
CXDO
CREXENDO INC
$4.0877,57420.83%4.164.505.005.043.5236.5620.1319.2572.0061.38-0.26-0.260.010.74
FYBR
FRONTIER COMMUNICATIONS PARENT INC
$23.141,068,6188.70%2.222.683.383.612.6135.6713.149.2829.2816.45-0.40-0.38-0.021.15
FNGR
FINGERMOTION INC
$3.50780,70247.73%3.283.112.672.924.1061.5671.9763.3869.7759.210.260.220.041.18
GDC
GD CULTURE GROUP LTD
$0.7160,108-32.27%0.710.751.281.822.4432.4654.9142.3396.1496.69-0.16-0.190.040.79
IMAX
IMAX CORP
$16.012,063,994111.22%17.1316.7716.4515.5816.9039.9941.7462.5618.0242.400.220.29-0.070.92
SOGP
SOUND GROUP INC
$2.778,88717.30%3.063.233.463.044.0735.3515.3715.5326.3421.46-0.15-0.10-0.051.24
TRVG
TRIVAGO NV
$2.5622,717-59.09%2.562.652.622.553.8844.6017.5813.564.752.52-0.03-0.02-0.010.90
SPOT
SPOTIFY TECHNOLOGY SA
$280.441,251,180-25.55%286.07293.06272.58240.09199.3048.7734.2736.8923.6224.213.736.31-2.581.09
ROKU
ROKU INC
$57.666,982,741-20.69%59.0859.8362.3877.1677.9641.5020.4941.5146.0661.77-1.66-1.860.201.45
MYPS
PLAYSTUDIOS INC
$2.16196,22049.96%2.272.502.412.432.8832.2710.5410.955.974.92-0.09-0.04-0.051.06
INUV
INUVO INC
$0.34215,61399.37%0.330.340.380.390.3145.2758.0346.8793.3586.40-0.01-0.020.001.26
SNAP
SNAP INC
$15.0554,618,8345.24%12.2811.6111.4013.5211.9575.5492.2883.7499.4092.150.620.130.481.49
GTN
GRAY TELEVISION INC
$5.75885,885-24.62%5.825.825.987.417.5345.8236.0239.2856.0157.04-0.10-0.130.031.42
DIS
WALT DISNEY CO
$111.107,954,00111.23%112.63114.56113.96104.7195.1938.8520.1026.1010.1218.30-0.77-0.23-0.541.05
CNET
ZW DATA ACTION TECHNOLOGIES INC
$0.96936-92.36%0.981.000.970.940.9946.9737.3938.4636.3634.75-0.000.00-0.010.63
CDLX
CARDLYTICS INC
$12.25703,209-3.11%12.1912.8611.499.4910.9748.8138.1627.5245.3131.09-0.010.19-0.202.03
BRAG
BRAGG GAMING GROUP INC
$5.46120,917-26.43%5.996.125.705.445.1637.2218.8730.316.4813.480.010.11-0.091.06
ZDGE
ZEDGE INC
$2.4087,075517.47%2.392.453.022.842.4242.9134.6931.0780.6184.43-0.14-0.180.041.33
MCHX
MARCHEX INC
$1.32157,548320.71%1.301.341.351.361.4648.9355.5855.4672.9377.93-0.01-0.020.001.11
TBLA
TABOOLACOM LTD
$4.20533,912-3.37%4.114.154.324.303.9749.8472.1667.2595.1797.73-0.04-0.070.031.42
TGNA
TEGNA INC
$13.641,440,464-2.16%13.6613.8014.1414.7015.1543.6948.8444.8779.5876.50-0.18-0.200.020.62
AREN
ARENA GROUP HOLDINGS INC
$0.7524,00628.07%0.700.751.221.502.6738.3256.8649.68100.0098.92-0.12-0.160.030.51
AMX
AMERICA MOVIL SAB DE CV
$19.061,051,205-24.05%18.5118.4818.7218.4518.3756.4982.3767.2493.3684.790.07-0.050.120.76
FUBO
FUBOTV INC
$1.425,721,6953.95%1.391.451.602.212.4342.8552.3544.7984.5666.98-0.07-0.080.012.40
VEON
VEON LTD
$24.5051,390876.07%23.6923.5724.1922.1419.9959.7677.6972.1868.3764.120.02-0.060.070.80
TSQ
TOWNSQUARE MEDIA INC
$12.0739,2905.37%12.2212.3511.4111.0210.3451.6034.1431.727.999.150.200.28-0.080.92
GRPN
GROUPON INC
$11.56985,911-20.27%10.6110.7714.1513.7112.4048.1188.9787.3398.4299.39-0.66-1.040.371.64
TOON
KARTOON STUDIOS INC
$1.08230,779-59.15%1.151.341.411.381.4435.134.866.254.836.10-0.10-0.06-0.030.91
DLX
DELUXE CORP
$19.75278,78449.29%19.8519.7219.6519.8619.4049.2273.4877.4876.6081.370.090.020.071.14
QNST
QUINSTREET INC
$18.091,019,387176.99%17.0817.1416.3714.6612.2962.6171.9669.4464.2256.610.280.270.001.07
ONFO
ONFOLIO HOLDINGS INC
$0.5571,469-42.76%0.520.470.470.510.6855.9347.6749.3860.4964.310.030.010.020.79
ZD
ZIFF DAVIS INC
$50.11459,42286.84%51.1953.5160.6463.6564.5628.318.7511.8673.7377.66-2.94-3.090.150.98
BILI
BILIBILI INC
$12.645,571,035-21.44%12.0611.7311.2710.9612.7558.1185.5787.5986.4591.680.440.270.171.23
TIMB
TIM SA
$17.03319,86722.97%16.8217.2317.9118.0016.7744.0953.4040.5378.0560.40-0.29-0.350.060.81
TEF
TELEFONICA S A
$4.43730,4741.37%4.374.314.254.144.0959.7887.8091.0389.8593.690.060.040.020.73
GXAI
GAXOSAI INC
$5.086,199-45.75%8.758.458.148.007.4281.3498.4695.9289.7985.690.260.200.060.49
WMG
WARNER MUSIC GROUP CORP
$33.003,865,784273.63%32.6333.4033.6834.5633.3648.1136.8424.0852.8631.12-0.38-0.33-0.050.88
KORE
KORE GROUP HOLDINGS INC
$0.8087,64444.56%0.790.750.790.820.7753.1653.9761.7157.5668.620.00-0.000.010.99
SOHU
SOHUCOM LTD
$11.5413,763-44.60%11.2211.2610.4010.039.9164.8085.8475.9254.4345.780.260.27-0.010.97
ATNI
ATN INTERNATIONAL INC
$19.08224,1557.07%24.5626.2929.9233.1633.5522.2011.9021.116.1115.10-2.65-1.82-0.820.78
SKLZ
SKILLZ INC
$6.14107,21644.83%6.166.236.466.196.6446.7061.4460.8775.4980.48-0.06-0.080.011.51
RSVR
RESERVOIR MEDIA INC
$8.9569,7912.41%8.408.157.707.266.4873.8190.8393.7891.7295.500.330.230.100.74
ADD
COLOR STAR TECHNOLOGY CO LTD
$0.2226,123-68.84%0.230.220.240.290.5747.2231.6730.3635.2829.76-0.00-0.010.001.01
ANGH
ANGHAMI INC
$1.0951,03069.23%1.171.191.221.131.1141.3224.7324.596.176.10-0.05-0.03-0.020.03
FLNT
FLUENT INC
$3.4789,391242.04%2.772.832.983.343.3468.5674.6458.95100.0096.660.00-0.080.081.29
MATH
METALPHA TECHNOLOGY HOLDING LTD
$1.453,363-11.52%1.471.501.601.591.4945.0444.7647.2653.7359.04-0.03-0.030.000.13
RBBN
RIBBON COMMUNICATIONS INC
$3.17757,3151.46%2.882.882.962.932.7561.2661.7365.4385.3289.490.03-0.030.061.31
BAOS
BAOSHENG MEDIA GROUP HOLDINGS LTD
$3.101,761-72.90%3.243.233.403.574.5742.6126.3332.7826.7437.59-0.06-0.06-0.001.27
SKM
SK TELECOM CO LTD
$20.43161,346-24.24%20.3920.5721.4121.2420.9040.6662.1754.1791.4096.04-0.26-0.320.070.60
TTGT
TECHTARGET INC
$27.5098,04789.06%27.3128.5430.4432.1630.7035.0819.8314.9583.9060.14-1.09-1.110.031.14
ADV
ADVANTAGE SOLUTIONS INC
$4.26497,299-6.80%4.424.334.143.973.3048.0141.8853.5624.3745.160.070.09-0.010.49
UONE
URBAN ONE INC
$1.9940,327-25.02%2.062.202.513.214.2139.6720.4120.7356.5955.70-0.15-0.150.000.97
PROP
PRAIRIE OPERATING CO
$14.06117,739-25.26%0.750.811.04N/AN/A36.5927.4831.5264.3377.01-0.09-0.100.01-1.10
KT
KT CORP
$12.64765,535100.75%12.4712.7813.7013.5512.9439.1840.2634.9898.8694.75-0.33-0.380.050.56
RDI
READING INTERNATIONAL INC
$1.665,022-76.21%1.671.731.791.862.0342.2734.2932.7615.4011.27-0.05-0.04-0.010.79
ICLK
ICLICK INTERACTIVE ASIA GROUP LTD
$1.2089,763-35.14%2.473.203.623.723.019.635.076.272.737.99-0.62-0.35-0.280.63
AENT
ALLIANCE ENTERTAINMENT HOLDING CORP
$2.005,999-25.16%2.092.081.871.541.5449.0259.7963.3517.7318.060.050.08-0.030.09
PLAY
DAVE & BUSTER's ENTERTAINMENT INC
$53.401,308,49020.93%53.6157.3960.2756.2747.4538.8316.5810.6832.7119.48-2.28-1.95-0.331.80
ABTS
ABITS GROUP INC
$0.7720,984398.31%0.760.730.800.930.9850.9978.1772.7688.3179.99-0.00-0.010.011.24
GSAT
GLOBALSTAR INC
$1.291,913,714-17.52%1.281.301.391.561.4344.2854.0251.5190.2790.11-0.03-0.040.011.30
MGOL
MGO GLOBAL INC
$0.24202,07657.46%0.230.250.330.400.7138.7628.2125.7175.0060.66-0.03-0.040.001.50
LILA
LIBERTY LATIN AMERICA LTD
$7.55343,365-12.92%7.447.406.856.947.4059.5374.4574.5772.2668.170.190.180.011.37
BREA
BRERA HOLDINGS PLC
$1.3418,218-42.50%1.351.371.351.171.1948.4161.8466.1363.8072.930.000.000.001.57
CNK
CINEMARK HOLDINGS INC
$17.142,526,15527.50%17.7718.1717.8016.1016.2638.6816.4415.798.287.08-0.110.04-0.161.17
CNVS
CINEVERSE CORP
$0.8062,924-17.78%0.961.171.271.341.2822.366.717.0512.4710.51-0.15-0.11-0.041.13
SCOR
COMSCORE INC
$13.828,695-35.08%14.4015.0216.2116.6814.9531.0813.3312.251.063.44-0.61-0.53-0.081.36
ZG
ZILLOW GROUP INC
$42.00704,17154.58%42.2343.5848.1950.8748.0236.8041.2238.5186.4882.77-1.68-1.940.261.47
LBTYA
LIBERTY GLOBAL LTD
$15.901,937,19522.12%16.3716.6417.0217.6117.3837.6018.6219.7922.7223.72-0.26-0.22-0.040.87
WBD
WARNER BROS DISCOVERY INC
$7.3682,447,059369.52%8.218.338.569.6910.6128.457.8417.055.1519.90-0.20-0.14-0.051.05
DGLY
DIGITAL ALLY INC
$2.1117,136256.11%2.092.202.322.182.5543.8819.7411.5040.5023.61-0.10-0.08-0.020.79
PARA
PARAMOUNT GLOBAL
$11.3920,628,700-19.42%11.9811.6811.4712.8913.2746.9258.7567.7255.0466.420.110.060.051.21
UPXI
UPEXI INC
$0.5039,574574.06%0.490.510.550.841.2043.1948.9144.8591.5083.97-0.03-0.040.010.54
TV
GRUPO TELEVISA SAB
$2.921,905,27660.28%2.963.113.073.093.3243.4649.0747.4458.7855.42-0.03-0.02-0.011.32
TEO
TELECOM ARGENTINA SA
$7.75177,69048.79%7.577.677.547.516.6252.6869.6660.7185.0478.050.040.010.040.56
GETY
GETTY IMAGES HOLDINGS INC
$3.68379,05444.85%3.883.934.344.574.7936.5939.7152.8853.8269.27-0.13-0.150.020.47
CCO
CLEAR CHANNEL OUTDOOR HOLDINGS INC
$1.393,178,130415.59%1.451.511.621.671.5335.3230.5128.8122.2626.15-0.06-0.05-0.001.79
BATRA
ATLANTA BRAVES HOLDINGS INC
$40.3422,58464.30%37.8038.4038.5438.99N/A40.8641.0247.2650.0855.84-0.24-0.22-0.020.81
BZFD
BUZZFEED INC
$0.39387,90222.66%0.390.400.380.310.3648.4546.1047.3525.4528.120.000.01-0.001.10
FENG
PHOENIX NEW MEDIA LTD
$2.1423,522-91.18%1.881.951.791.601.4963.0668.6044.0664.9133.600.040.030.010.52
MSGM
MOTORSPORT GAMES INC
$2.257,94349.90%2.522.502.362.473.0843.5911.3218.206.1415.600.040.07-0.032.01

Communication Service Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
42-2.34%-2.96%-6.12%-0.65%29.07x3.33x+24.42%+3.16%+11.80%+36.01%Strong Buy
13-1.02%-0.99%-2.98%-29.27%2.98x0.65x-5.57%-2.55%+5.00%+57.88%Buy
22-1.83%-0.58%-5.26%-5.57%7.10x3.99x-102.49%+3.70%+6.35%+30.55%Strong Buy
45-1.73%-2.81%-6.29%+9.14%34.77x2.60x-2.74%+5.71%+10.58%+25.88%Buy
66-1.14%-3.13%-5.09%+25.63%14.73x6.23x+26.43%+18.81%+26.20%+27.52%Buy
53-1.29%-2.09%-5.24%-24.16%119.76x1.56x-0.33%+3.86%+8.31%+37.30%Buy

Communication Service Stocks FAQ

What are the best communication service stocks to buy right now in May 2024?

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

1. Interdigital (NASDAQ:IDCC)


Interdigital (NASDAQ:IDCC) is the top communication service stock with a Zen Score of 65, which is 38 points higher than the communication service sector average of 27. It passed 24 out of 38 due diligence checks and has strong fundamentals. Interdigital has seen its stock return 46.05% over the past year, overperforming other communication service stocks by 48 percentage points.

Interdigital has an average 1 year price target of $100.00, an upside of 1.29% from Interdigital's current stock price of $98.73.

Interdigital stock has a consensus Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Interdigital, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 100% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Cogent Communications Holdings (NASDAQ:CCOI)


Cogent Communications Holdings (NASDAQ:CCOI) is the second best communication service stock with a Zen Score of 64, which is 37 points higher than the communication service sector average of 27. It passed 24 out of 38 due diligence checks and has strong fundamentals. Cogent Communications Holdings has seen its stock lose -7.21% over the past year, underperforming other communication service stocks by -5 percentage points.

Cogent Communications Holdings has an average 1 year price target of $82.00, an upside of 27.77% from Cogent Communications Holdings's current stock price of $64.18.

Cogent Communications Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Cogent Communications Holdings, 33.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Opera (NASDAQ:OPRA)


Opera (NASDAQ:OPRA) is the third best communication service stock with a Zen Score of 62, which is 35 points higher than the communication service sector average of 27. It passed 22 out of 38 due diligence checks and has strong fundamentals. Opera has seen its stock return 7.96% over the past year, overperforming other communication service stocks by 10 percentage points.

Opera has an average 1 year price target of $20.75, an upside of 66.27% from Opera's current stock price of $12.48.

Opera stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Opera, 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.

What are the communication service stocks with highest dividends?

Out of 50 communication service stocks that have issued dividends in the past year, the 3 communication service stocks with the highest dividend yields are:

1. Trivago Nv (NASDAQ:TRVG)


Trivago Nv (NASDAQ:TRVG) has an annual dividend yield of 110.4%, which is 104 percentage points higher than the communication service sector average of 6.54%.

Trivago Nv's dividend payout ratio of -101.1% indicates that its high dividend yield might not be sustainable for the long-term.

2. Weibo (NASDAQ:WB)


Weibo (NASDAQ:WB) has an annual dividend yield of 19.37%, which is 13 percentage points higher than the communication service sector average of 6.54%.

Weibo's dividend payout ratio of 115.2% indicates that its high dividend yield might not be sustainable for the long-term.

3. Saga Communications (NASDAQ:SGA)


Saga Communications (NASDAQ:SGA) has an annual dividend yield of 15.8%, which is 9 percentage points higher than the communication service sector average of 6.54%. Saga Communications's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Saga Communications's dividend has shown consistent growth over the last 10 years.

Saga Communications's dividend payout ratio of 248.4% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication service stocks down?

Communication service stocks were down -1.51% in the last day, and down -2.52% over the last week. Warner Bros Discovery was the among the top losers in the communication services sector, dropping -9.69% yesterday.

Warner Bros. Discovery shares are trading lower on reports NBCUniversal is preparing an offer that could take NBA rights from TNT.

What are the most undervalued communication service stocks?

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

1. Doubledown Interactive Co (NASDAQ:DDI)


Doubledown Interactive Co (NASDAQ:DDI) is the most undervalued communication service stock based on WallStreetZen's Valuation Score. Doubledown Interactive Co has a valuation score of 100, which is 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has gained 24.61% in the past year. It has overperformed other stocks in the communication service sector by 26 percentage points.

2. Nexstar Media Group (NASDAQ:NXST)


Nexstar Media Group (NASDAQ:NXST) is the second most undervalued communication service stock based on WallStreetZen's Valuation Score. Nexstar Media Group has a valuation score of 100, which is 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Nexstar Media Group's stock has dropped -7.78% in the past year. It has underperformed other stocks in the communication service sector by -6 percentage points.

3. Opera (NASDAQ:OPRA)


Opera (NASDAQ:OPRA) is the third most undervalued communication service stock based on WallStreetZen's Valuation Score. Opera has a valuation score of 100, which is 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Opera's stock has gained 7.96% in the past year. It has overperformed other stocks in the communication service sector by 10 percentage points.

Are communication service stocks a good buy now?

43.36% of communication service stocks rated by analysts are a strong buy right now. On average, analysts expect communication service stocks to rise by 30.68% over the next year.

What is the average p/e ratio of the communication services sector?

The average P/E ratio of the communication services sector is 37.68x.
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