BUZ INVESTORS Best Telecom Stocks Tech investors have short memories. By which I mean they are obsessed with the latest trend, the hottest company, the easy money. Very few invest in telecom stocks with high dividends, despite the fact that income stocks are a proven pathway to financial freedom.
Consider this: the best telecom stocks in 2017 pay their shareholders every three months! Once you sprinkle in the magic of compounding values, it’s easy to live a millionaire’s retirement by investing in telecommunications sector stocks. However, most investors will still ignore this.
Unlike so many digital technology companies coming out of the Bay Area, U.S. telecom stocks give customers a real service in exchange for real money. They aren’t “pre-revenue” or valued at “a thousand times earnings.” These are making real money, not just raising cash to burn later.
“Forever Telecom Stocks” are able to deliver returns from now until…well, forever. Huge amounts of money flow through them, straight into shareholders’ hands. Just from a handful of these stocks, you can potentially earn enough monthly income to kick back and enjoy retirement.
On the other hand, there are smaller, regional telecommunications sector stocks that offer both high growth and high dividends. These rare beasts are called “Growth Telecom Stocks.”
Here is my list of the top five U.S. telecom stocks of this year. Note that these are not recommendations, just stocks for you to research further.
This company has been paying dividends for decades and decades. In fact, AT&T managed to increase its dividend every single year for the last 31 years! Ronald Reagan was president at the time, just to put the time scale in perspective.
Verizon Communications Inc. (NYSE:VZ) is one of the best telecom stocks in 2017 because it captures 35% of the market. Talk about being a heavyweight. With that much influence on the industry, it’s no wonder that Verizon pays out a hefty 4.75% dividend.
Centurylink Inc (NYSE:CTL) is a lesser-known quantity than Verizon or AT&T, but that’s why it offers greater upside. The stock is trading so, so cheap. Investors have a unique opportunity to make money on this telecom stock because of its huge growth potential and massive dividend.
Frontier Communications Corp (NASDAQ:FTR) is another telecom stock with growth potential. It’s been on a roller coaster ride in recent years, with enough twists and turns to give you whiplash. But that actually makes Frontier an amazing investment opportunity.
Consolidated Communications Holdings Inc (NASDAQ:CNSL) is a much smaller player than Verizon and AT&T, so it tries to find an edge by carefully choosing places to do business. The company is structured as a holding group, with operations in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin.
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