Promising Telecom Stocks To Follow Now - October 12th

Key Points

• Seven telecom-related stocks are highlighted: SpaceX, AST SpaceMobile, T-Mobile US, Verizon, AT&T, Dycom Industries, and Millicom International Cellular had the highest recent dollar trading volume among telecom stocks.
• The group spans satellite and space communications, wireless and broadband services, Latin American mobile and cable operations, and telecommunications infrastructure contracting.
• Telecom stocks can offer recurring revenue and established businesses, but investors should consider their high capital requirements, competition, regulatory exposure, and generally slower growth.

SpaceX, AST SpaceMobile, T-Mobile US, Verizon Communications, AT&T, Dycom Industries, and Millicom International Cellular are the seven Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of companies that provide telecommunications services, such as wireless and wired phone networks, broadband internet, cable, satellite communications, or related infrastructure. For investors, these stocks often represent established businesses with recurring revenue, but they may also face high capital costs, intense competition, regulation, and relatively slow growth. These companies had the highest dollar trading volume of any Telecom stocks within the last several days.

SpaceX (SPCX)

Our mission is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars. To do this, we have formed the most ambitious, vertically integrated innovation engine on (and off) Earth with unmatched capabilities to rapidly manufacture and launch space-based communications that connect the world, to harness the Sun to power a truth-seeking artificial intelligence that advances scientific discovery, and ultimately to build a base on the Moon and cities on other planets.

Read Our Latest Research Report on SPCX

AST SpaceMobile (ASTS)

Read Our Latest Research Report on ASTS

T-Mobile US (TMUS)

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.

Read Our Latest Research Report on TMUS

Verizon Communications (VZ)

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

Read Our Latest Research Report on VZ

AT&T (T)

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

Read Our Latest Research Report on T

Dycom Industries (DY)

Dycom Industries, Inc. provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.

Read Our Latest Research Report on DY

Millicom International Cellular (TIGO)

Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.

Read Our Latest Research Report on TIGO

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