5 Best Communication Stocks To Buy Now

3. T-Mobile US, Inc. (NASDAQ:TMUS)

Number of Hedge Fund Holders: 94

T-Mobile US, Inc. (NASDAQ:TMUS) is a provider of mobile communications services in the US, Puerto Rico, and the US Virgin Islands. The company is based in Bellevue, Washington.

On 16 March, Morgan Stanley’s Simon Flannery reiterated an Overweight rating on T-Mobile US, Inc. (NASDAQ:TMUS) shares.

In the fourth quarter, T-Mobile US, Inc. (NASDAQ:TMUS) revenues came in at $20.27 billion. According to TipRanks, analysts at Wall Street see the stock as a Strong Buy, with about 12 Buy ratings on the shares and two Hold ratings. The average price target on the shares is $181.75. T-Mobile US, Inc. (NASDAQ:TMUS) was trading at $144.67 on March 22, and this gives the shares an upside potential of 25.63%.

There were 94 hedge funds long T-Mobile US, Inc. (NASDAQ:TMUS) in the fourth quarter. Their total stake value was $3.7 billion.

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