5 Wireless Telecom Stocks to Buy Now

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The grades of five Wireless Telecom stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

This week, Crown Castle International (NYSE:CCI) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Crown Castle International owns, operates, and leases communication structures such as towers, and is a provider of network services to its customers. In Portfolio Grader’s specific subcategories of Earnings Growth and Earnings Revisions, CCI also gets A’s. Shares of the company are up 3.5% from a month ago. This is better than the S&P 500’s 1.6% increase for the same period. For more information, get Portfolio Grader’s complete analysis of CCI stock.

MetroPCS Communications (NYSE:PCS) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. MetroPCS Communications is a wireless communications provider and offers broadband mobile services. The stock price has risen 14.6% over the past month. For more information, get Portfolio Grader’s complete analysis of PCS stock.

The rating of China Mobile (NYSE:CHL) moves up this week, rising from a C to a B. China Mobile provides a range of mobile telecommunications services throughout mainland China and in Hong Kong. Over the past month, the price of CHL has risen 1.7%. For more information, get Portfolio Grader’s complete analysis of CHL stock.

Mobile TeleSystems‘s (NYSE:MBT) ratings are looking better this week, moving up to a B from last week’s C. Mobile TeleSystems OJSC provides mobile cellular communications services in Russia, Uzbekistan, Turkmenistan, Armenia, and Ukraine. For more information, get Portfolio Grader’s complete analysis of MBT stock.

Shenandoah Telecommunications (NASDAQ:SHEN) is seeing ratings go up from a C last week to a B this week. Shenandoah Telecommunications provides telephone and wireless personal communications services under the Sprint brand name. Wall Street seems to agree with the upgrade and has propelled the stock up 17.3% over the past month. For more information, get Portfolio Grader’s complete analysis of SHEN stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, https://investorplace.com/2012/09/5-wireless-telecom-stocks-to-buy-now-cci-pcs-chl/.

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