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 telecommunication stocks to buy right now are:
1. Ooma (NYSE:OOMA)
Ooma (NYSE:OOMA) is the #1 top telecom stock out of 56 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 44, which is 17 points higher than the telecom industry average of 27.
OOMA passed 14 out of 33 due diligence checks and has strong fundamentals. Ooma has seen its stock lose -21.53% over the past year, underperforming other telecom stocks by -8 percentage points.
Ooma has an average 1 year
price target of $19.00, an upside of 59.93% from Ooma's current stock price of $11.88.
Ooma stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts 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. Tim Sa (NYSE:TIMB)
Tim Sa (NYSE:TIMB) is the #2 top telecom stock out of 56 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: A, and AI: A.
Tim Sa (NYSE:TIMB) has a Due Diligence Score of 39, which is 12 points higher than the telecom industry average of 27.
TIMB passed 14 out of 38 due diligence checks and has average fundamentals. Tim Sa has seen its stock return 69.71% over the past year, overperforming other telecom stocks by 83 percentage points.
Tim Sa has an average 1 year
price target of $24.70, an upside of 14.51% from Tim Sa's current stock price of $21.57.
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.
3. Millicom International Cellular Sa (NASDAQ:TIGO)
The Component Grade breakdown for Millicom International Cellular Sa (NASDAQ:TIGO) is: Value: A, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: B, and AI: B.
Millicom International Cellular Sa (NASDAQ:TIGO) has a Due Diligence Score of 44, which is 17 points higher than the telecom industry average of 27.
TIGO passed 16 out of 38 due diligence checks and has strong fundamentals. Millicom International Cellular Sa has seen its stock return 112.51% over the past year, overperforming other telecom stocks by 126 percentage points.
Millicom International Cellular Sa has an average 1 year
price target of $52.93, an upside of 1.79% from Millicom International Cellular Sa's current stock price of $52.00.
Millicom International Cellular Sa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Millicom International Cellular 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.