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Investing in Communication Services Stocks: Top 13 Picks for 2023

 
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Discover the top 13 communication services stocks to invest in for 2023.

description: a graph showing the growth trend of communication services stocks over the past five years.

In today's digital age, communication services play a vital role in keeping businesses and individuals connected. From wireless to satellite to cable, these services provide the infrastructure that supports communication worldwide. Hence, communication stocks remain a top investment choice for many investors.

In this article, we will take a look at the 13 best communication services stocks to invest in. To see more such companies, go directly to 5.

Communication stocks are shares of companies that provide wired, wireless, satellite, cable, and other coms infrastructure to businesses and consumers. These companies typically generate steady cash flows, as communication services are considered essential.

The first stock on our list is Comcast Corporation (NASDAQ:CMCSA). Comcast is a media and technology company that provides cable, internet, and phone services. The company operates through three segments: Cable Communications, NBCUniversal, and Sky. As of 2021, Comcast has over 33 million internet customers and over 20 million cable customers.

The second stock on our list is AT&T Inc. (NYSE:T). AT&T is a multinational conglomerate that provides telecommunications, media, and technology services. The company operates through four segments: Communications, WarnerMedia, Latin America, and Xandr. As of 2021, AT&T has over 170 million wireless customers and 14 million broadband customers.

The third stock on our list is Verizon Communications Inc. (NYSE:VZ). Verizon is a multinational telecommunications conglomerate that provides wireless services, internet services, and television services. The company operates through three segments: Consumer, Business, and Verizon Media. As of 2021, Verizon has over 95 million wireless customers and over six million Fios internet customers.

The fourth stock on our list is T-Mobile US, Inc. (NASDAQ:TMUS). T-Mobile is a wireless network operator that provides voice, messaging, and data services to over 100 million customers. The company operates through three segments: Wireless, Home, and Business. As of 2021, T-Mobile has over 103 million customers.

The fifth stock on our list is Alphabet Inc. (NASDAQ:GOOGL). Alphabet is a multinational conglomerate that provides internet-related services and products. The company operates through Google, Other Bets, and Google Cloud segments. As of 2021, Google has over 92% of the global search engine market share.

The sixth stock on our list is Facebook, Inc. (FB). Facebook is a social media and technology company that provides social networking services. The company operates through two segments: Facebook and Other. As of 2021, Facebook has over 2.8 billion monthly active users.

The seventh stock on our list is DISH Network Corporation (NASDAQ:DISH). DISH is a satellite television provider that provides direct broadcast satellite television, audio programming, and interactive television services. The company operates through two segments: Pay-TV and Wireless. As of 2021, DISH has over 8.9 million Pay-TV subscribers.

The eighth stock on our list is Sirius XM Holdings Inc. (NASDAQ:SIRI). Sirius XM is a satellite radio company that provides music, sports, news, talk, and entertainment programming. The company operates through two segments: Sirius XM and Pandora. As of 2021, Sirius XM has over 34 million subscribers.

The ninth stock on our list is Netflix, Inc. (NASDAQ:NFLX). Netflix is a streaming entertainment service that provides original content, movies, and television shows. The company operates through three segments: Domestic streaming, International streaming, and Domestic DVD. As of 2021, Netflix has over 208 million subscribers.

The tenth stock on our list is Walt Disney Co. (NYSE:DIS). Disney is a multinational entertainment conglomerate that provides media, parks, and resorts, and consumer products. The company operates through four segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer products. As of 2021, Disney has over 100 million subscribers on Disney+.

The eleventh stock on our list is Comcast Corporation (CMCSK). Comcast is a media and technology company that provides cable, internet, and phone services. The company operates through three segments: Cable Communications, NBCUniversal, and Sky. As of 2021, Comcast has over 33 million internet customers and over 20 million cable customers.

The twelfth stock on our list is Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications is a telecommunications company that provides cable, internet, and phone services. The company operates through two segments: Residential and Commercial. As of 2021, Charter Communications has over 30 million customers.

The thirteenth stock on our list is AT&T Inc. (NYSE:TBB). AT&T is a multinational conglomerate that provides telecommunications, media, and technology services. The company operates through four segments: Communications, WarnerMedia, Latin America, and Xandr. As of 2021, AT&T has over 170 million wireless customers and 14 million broadband customers.

In conclusion, communication services stocks remain a popular choice for investors due to their steady cash flows and essential nature. Investing in the right communication stocks can provide long-term returns and growth opportunities. However, investors should conduct thorough research and analysis before making any investment decisions.

Labels:
communication services stocksinvestmentinfrastructurecomcastat&tverizont-mobilealphabetfacebookdish networksirius xmnetflixwalt disneycharter communicationsNASDAQ:CMCSANYSE:TNYSE:VZNASDAQ:TMUSNASDAQ:GOOGLNASDAQ:DISHNASDAQ:SIRINASDAQ:NFLXNYSE:DISNASDAQ:CHTRNYSE:TBB
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