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Telecom Stocks To Follow Now - October 30th

SpaceX logo with Communication Services background
Image from MarketBeat Media, LLC.

Key Points

  • SpaceX, T-Mobile US, and Verizon Communications are the telecom stocks highlighted by MarketBeat’s screener for their high recent dollar trading volume.
  • SpaceX is pursuing vertically integrated space and satellite-communications technologies, including systems intended to connect the world and support future lunar and planetary infrastructure.
  • T-Mobile provides mobile, device-financing, and high-speed internet services, while Verizon delivers communications, technology, information, and entertainment products through its Consumer and Business segments.
  • Interested in SpaceX? Here are five stocks we like better.

SpaceX, T-Mobile US, and Verizon Communications are the three Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies that provide telecommunications services, such as wireless, broadband, telephone, cable, and satellite communications. For investors, these stocks often represent established businesses with recurring revenue, and some may offer relatively stable dividends, though they remain exposed to competition, regulation, technological change, and high infrastructure costs. 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

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

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in SpaceX Right Now?

Before you consider SpaceX, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SpaceX wasn't on the list.

While SpaceX currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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