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. Ihs Holding (NYSE:IHS)
Ihs Holding (NYSE:IHS) is the #1 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: B, 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 94.38% over the past year, overperforming other communication service stocks by 101 percentage points.
Ihs Holding has an average 1 year
price target of $9.05, an upside of 30.78% from Ihs Holding's current stock price of $6.92.
Ihs Holding stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Ihs Holding, 80% have issued a Strong Buy rating, 0% have issued a Buy, 20% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. 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: C.
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 758.84% over the past year, overperforming other communication service stocks by 765 percentage points.
Arena Group Holdings has an average 1 year
price target of $12.00, an upside of 65.75% from Arena Group Holdings's current stock price of $7.24.
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.
3. Veon (NASDAQ:VEON)
Veon (NASDAQ:VEON) 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 Veon (NASDAQ:VEON) is: Value: A, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: B, and AI: C.
Veon (NASDAQ:VEON) 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 VEON as a "A".It passed 10 out of 38 due diligence checks and has weak fundamentals. Veon has seen its stock return 117.33% over the past year, overperforming other communication service stocks by 124 percentage points.
Veon has an average 1 year
price target of $60.00, a downside of -0.73% from Veon's current stock price of $60.44.
Veon stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Veon, 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.