Is T-Mobile (TMUS) One of the Best Communication and Media Stocks

​T-Mobile US, Inc. (NASDAQ:TMUS) is one of the Best Communication and Media Stocks to Buy Now. On November 11, Ivan Feinseth from Tigress Financial raised the firm’s price target on T-Mobile US, Inc. (NASDAQ:TMUS) from $305 to $310 and reiterated a Buy rating on the stock.

​The analyst noted in a research note that he sees the company growing its cash flow while driving revenue growth. He also noted that the company continues to build the broadest and deepest 5G (mid-band) coverage in the United States.

​In addition, recently on November 18, T-Mobile US, Inc. (NASDAQ:TMUS) participated in Wells Fargo’s 9th Annual TMT Summit, where management highlighted its strategic outlook. At the event, the company announced its revised post-paid phone net additions guidance to 3.3 million. Moreover, management highlighted that its fixed wireless services are gaining traction and the company aspires to reach 12 million customers by 2028. During the third quarter, T-Mobile US, Inc. (NASDAQ:TMUS) added more than 500,000 fixed wireless customers to its portfolio, taking its total wireless customers, including fiber, to 560,000.

​T-Mobile US, Inc. (NASDAQ:TMUS) provides wireless communication services across the United States, Puerto Rico, and the Virgin Islands under brands including T-Mobile, Metro by T-Mobile, and Mint Mobile.

While we acknowledge the potential of TMUS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TMUS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.