Wireless telecom is a highly regulated, highly competitive business. Entrenched giants AT&T (NYSE:T) and Verizon (NYSE:VZ) dominate the U.S. airwaves, making it difficult for any of the small players to find a foothold. Throw in the very expensive nature of a high-tech wireless network and you can understand why the hurdle is very high for stocks in this sector.
I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. This week, I have 10 telecom stocks to sell.
Here they are, in alphabetical order. Each one of these stocks gets a “D” or “F” according to my research, meaning it is a “sell” or “strong sell.”
Clearwire Corp. (NASDAQ:CLWR) is known in the industry for providing 4G wireless broadband services. Despite its involvement with such high technology, CLWR stock has dipped an incredible 73% since the start of 2011.
Leap Wireless International Inc. (NASDAQ:LEAP) offers digital wireless service under its much more recognizable brand, Cricket. Despite the growing presence of Cricket locations, LEAP stock has dropped nearly 51% year-to-date.
Mobile TeleSystems (NYSE:MBT) is a telecommunications provider operating in Germany. Year-to-date, MBT stock is down about 35% compared to a drop of .6% for the Dow.
NII Holdings Inc. (NASDAQ:NIHD) operates under the brand name Nextel and is engaged with wireless communication services in Latin American countries. Year-to-date, NIHD stock has dropped 35%, compared to only small losses by the broader markets.
Partner Communications Co. (NASDAQ:PTNR) is a mobile telephone network operator in Israel. Since the start of 2011, PTNR stock’s performance has been uninspiring — down nearly 43%.
SBA Communications Corp. (NASDAQ:SBAC) is a holding company that owns telecommunications towers in both North and South America. SBAC stock has lost 8% YTD.
SK Telecom Co. (NYSE:SKM) is a wireless telecommunications service provider in South Korea. SKM stock’s value has diminished 16%, year-to-date, while other major competitors have thrived.
Sprint Nextel Corp. (NYSE:S) is a household name in the U.S. for its wide range of communications devices and services. A drop of 33%, year-to-date, has not instilled much faith in potential investors.
U.S. Cellular Corp. (NYSE:USM) is a service provider for over 6 million people in the United States. This small telecom company hasn’t had a great year, down 18% year-to-date.
VimpelCom Ltd. (NYSE:VIP) is a telecommunications company involved with wireless, fixed and broadband services in Eastern Europe, Asia and Africa. VIP stock has fallen 31% despite its diversified operations.
Get more analysis of these picks and other publicly-traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here