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 250 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: B, Momentum: B, Sentiment: A, Safety: C, Financials: B, and AI: B.
Ooma (NYSE:OOMA) has a Due Diligence Score of 20, which is -8 points lower than the communication service sector average of 28. Although this number is below the industry average, our proven quant model rates OOMA as a "A".It passed 6 out of 33 due diligence checks and has weak fundamentals. Ooma has seen its stock return 67.98% over the past year, overperforming other communication service stocks by 65 percentage points.
Ooma has an average 1 year
price target of $17.63, an upside of 47.98% from Ooma's current stock price of $11.91.
Ooma stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Ooma, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Everquote (NASDAQ:EVER)
Everquote (NASDAQ:EVER) is the #2 top communication service stock out of 250 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 Everquote (NASDAQ:EVER) is: Value: B, Growth: A, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.
Everquote (NASDAQ:EVER) has a Due Diligence Score of 58, which is 30 points higher than the communication service sector average of 28. It passed 19 out of 33 due diligence checks and has strong fundamentals. Everquote has seen its stock return 21.91% over the past year, overperforming other communication service stocks by 19 percentage points.
Everquote has an average 1 year
price target of $32.20, an upside of 42.54% from Everquote's current stock price of $22.59.
Everquote stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Everquote, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Nerdwallet (NASDAQ:NRDS)
Nerdwallet (NASDAQ:NRDS) is the #3 top communication service stock out of 250 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: B, Growth: B, Momentum: D, Sentiment: B, Safety: C, Financials: B, and AI: A.
Nerdwallet (NASDAQ:NRDS) has a Due Diligence Score of 58, which is 30 points higher than the communication service sector average of 28. It passed 18 out of 33 due diligence checks and has strong fundamentals. Nerdwallet has seen its stock lose -34.83% over the past year, underperforming other communication service stocks by -38 percentage points.
Nerdwallet has an average 1 year
price target of $17.00, an upside of 95.4% from Nerdwallet's current stock price of $8.70.
Nerdwallet stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Nerdwallet, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.