Dow Jones hits 23,000 as melt up continues >>> READ MORE

3 Diversified Telecommunication Services Stocks to Sell Now

ETAK, CHA, OIBR slump in weekly rankings


For the current week, the overall ratings of three Diversified Telecommunication Services stocks are worse, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

Elephant Talk Communications Corp. (AMEX:ETAK) ratings are on the decline this week as the company earns an F (“strong sell”). Last week, it received a D (“sell”). Elephant Talk Communications provides voice, data transmission, pre-paid calling cards, and Internet service provider services. In Portfolio Grader’s specific subcategories of Earnings Momentum, Equity, Cash Flow, and Sales Growth, ETAK also gets F’s. To get an in-depth look at ETAK, get Portfolio Grader’s complete analysis of ETAK stock.

China Telecom (NYSE:CHA) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. China Telecom is an integrated information service provider that offers telecommunications services, including wireline voice services, mobile voice services, and Internet access services. For a full analysis of CHA stock, visit Portfolio Grader.

Oi (NYSE:OIBR) earns a D this week, falling from last week’s grade of C. Oi provides integrated telecommunication service for residential customers, companies, and governmental agencies in Brazil. The stock also gets an F in Margin Growth. For more information, get Portfolio Grader’s complete analysis of OIBR 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,

©2017 InvestorPlace Media, LLC