The Communications (Telecom) sector is comprised of a broad range of companies that sell phone and Internet services via traditional landline, broadband, or wireless. The sector plays a crucial role in the evolution of mobile communications and the information society. More broadly, it also includes companies that are major creators and producers of movies, television shows, and other content. Communications stocks, represented by the Communications Select Sector SPDR ETF (XLC), have outperformed the broader market. XLC had a total return of 26.91% over the past 12 months, above the SPDR S&P 500 ETF Trust (SPY) total return of 18.37%.
Here are some of the sector’s Top Stocks for 2020\2021:
Nexstar Media Group, Inc. – (NXST)
Nexstar Media Group, Inc. is America’s largest local television and media company with 198 full power stations (including partner stations) in 116 markets addressing nearly 63% of US television households and a growing digital media operation.
The stock returned 23.08% in the last 3 months, doubling from its March lows.
World Wrestling Entertainment Inc. – (WWE)
WWE is an integrated media organization and recognized leader in global entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE has also branched out into other fields, including movies, football, and various other business ventures. The company increased its Earnings Per Share (EPS) in the most recent quarter by 850%.
The stock returned 21.13% in the last 3 months.
Inseego Corp. – (INSG)
Inseego Corp provides fifth generation (5G) and intelligent Internet of things (IoT) device-to-cloud solutions. The company engages in the design and development of fixed and mobile wireless solutions. It offers enterprise Internet of things, 4G long term evolution, and 5G services.
The stock returned 86.12% in the last year and it tripled in value since its March lows.
T-Mobile US – (TMUS)
T-Mobile US provides wireless voice, messaging, and data services in the United States, Puerto Rico and the U.S. Virgin Islands under the T-Mobile and Metro by T-Mobile brands. The company operates the second largest wireless network in the U.S. market with over 95 million customers.
The stock returned 67.9% in the last 3 months.
Walt Disney Co. – (DIS)
Disney is an American corporation that is best-known as a purveyor of family entertainment in the 20th and 21st centuries. It also was one of the world’s largest media conglomerates, with such notable holdings as ABC, ESPN, Pixar, Marvel Entertainment, and 20th Century Fox. Disney headquarters are in Burbank, California.
The stock returned 44.64% in the last 3 months.