10 Best Communication Services Stocks to Buy Now

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In this article, we will take a look at the 10 Best Communication Services Stocks to Buy Now.

Nowadays, the communications industry a wide range of entities, from internet companies to century-old legacy media corporations. The fact that many subsegments of this industry are performing well for numerous reasons makes it one of the more dynamic performers so far this year.

Artificial intelligence (AI) integration across platforms and the revival of digital advertising have been two of the primary drivers behind this. Services are now more profitable and efficient owing to AI-enhanced content distribution, automated interaction, and smarter recommendation systems, which has raised optimism for future growth.

Meanwhile, the growth of 5G networks, which is finally taking the lead in communication, has given telecom mainstays a boost. According to market experts, this expansion is expected to reach 8.3 billion 5G connections globally by 2029, significantly surpassing earlier wireless generations.

Our Methodology

To make our list of the best communication services stocks to buy now, we chose and selected notable names that hold favorable views among market experts and analysts. We have also mentioned hedge fund sentiments around each stock, based on Insider Monkey’s data for Q2 2025.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

10. Snap Inc. (NYSE:SNAP)

Number of Hedge Fund Holders: 35

Snap Inc. (NYSE:SNAP) ranks among the best communication services stocks to buy now. On September 3, Guggenheim restated its Neutral rating on Snap Inc. (NYSE:SNAP) after reviewing the company’s third-quarter user metrics, which show declining growth trends.

According to the firm’s research of Snap’s Ads Manager audience reach data, the company’s global audience has grown by 2.3% so far in the third quarter, which was lower than the 3.9% growth in the second quarter.

Guggenheim states that Snap’s third-quarter daily active users (DAUs) are expected to reach 476 million, which would represent a 7.4% rise and net additions of 7 million users. This forecast represents a decline compared to the second quarter’s 8.6% increase.

The firm anticipates that the Rest of World markets, which are expected to acquire 6 million users in the third quarter, will be the main driver of Snap’s user growth.

Snap Inc. (NYSE:SNAP) is a technology company that manages one of the most popular social media platforms, Snapchat.

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