SPOK - Alphabet Meta rank among SA's top rated stocks in the Communications Services sector

2023-04-11 11:52:42 ET

The Communications Services sector was one of the hardest hit areas in all of 2022. However, the space has roared back in 2023. The sector now tops the leaderboard among all other S&P segments year-to-date thanks to topside pushes from popular names like Meta Platforms ( NASDAQ: META ) and Alphabet Inc. ( NASDAQ: GOOG ) ( GOOGL ).

The Communications Services space sits +21.8% over the course of 2023, edging out the gains seen in the Info Tech and Consumer Discretionary sectors, which rank as the second and third best performing sectors.

According to Seeking Alpha's Quant Ratings , below are the top 10 rated Communication Services stocks. The system grades stocks based on quantifiable measures, like profitability and valuation, comparing them to their peers.

Top 10 Quant Communications Stocks

No. 10: Alphabet Inc. ( GOOG ) ( GOOGL ): Quant Rating 4.77 .

No. 9: T-Mobile US, Inc. ( NASDAQ: TMUS ): Quant Rating 4.82 .

No. 8: Tencent Music Entertainment Group ( TME ): Quant Rating 4.83 .

No. 7: Turkcell Iletisim Hizmetleri A.S.( TKC ): Quant Rating 4.92 .

No. 6: Spok Holdings ( SPOK ): Quant Rating 4.96 .

No. 5: iQIYI, Inc. ( NASDAQ: IQ ): Quant Rating 4.96 .

No. 4: Perion Network Ltd. ( PERI ): Quant Rating 4.97 .

No. 3: Deutsche Telekom AG ( OTCQX:DTEGY ): Quant Rating 4.97 .

No. 2: Meta Platforms ( META ): Quant Rating 4.98 .

No. 1: So-Young International Inc. ( SY ): Quant Rating 4.99 .

For investors looking for a more diversified approach to the Communications Services, here are some popular exchange traded funds focused on that segment of the market:

• Vanguard Communication Services ETF ( VOX )
• Communication Services Select SPDR ETF ( XLC )
• Fidelity MSCI Communication Services ETF ( FCOM )
• iShares US Telecommunications ETF ( IYZ )
• iShares Global Comm Services ETF ( IXP )

In other top ten lists, see the 10 stocks with the highest cashflows.

For further details see: