Stocks struggled for the second day in a row yesterday, but
telecommunications stocks did well following an earnings report
from prepaid wireless provider
), which showed first-quarter earnings more than doubled, thanks to
the best-ever quarter for customer additions. MetroPCS gained 10%,
) was up 2% and
) was up 0.4%. Sure these gains are good enough for well-known,
large-cap stocks, but if you're interested in truly outsized gains,
why not consider looking at some
in the sector?
The stocks on our communications penny stocks list might not be
what you would consider "true penny stocks." But micro-cap pink
sheet or OTC stocks that cost only a few cents per share are
incredibly risky investments, which we do not advocate. These
stocks are a little bigger, and therefore a little safer, but they
still have the ability to deliver some spectacular gains when the
bull picks up steam again.
Here are our top
penny stocks to buy
in the communications sector:
Blonder Tongue Laboratories (BDR)
Delivering encoding, digital transport and broadband product
solutions to a variety of markets,
Blonder Tongue Laboratories
) has watched its stock climb almost 5% in the past month, and the
penny stock has jumped an impressive 88% in the last 12 months.
Quarterly revenue growth, year over year, of 7% is another reason
EMCOR Corp. (EMKR)
Offering various semiconductor-based products,
) has experienced a stock gain of 121% year to date compared to
much smaller gains by the broader markets. Potential investors
should also note EMKR's quarterly revenue growth of 23% last
Tii Network Technologies Inc. (TIII)
Known for selling products for use in the networks to service
providers in the communications industry,
Tii Network Technologies Inc.
) investors have watched the penny stock rise 111% in the last six
months. The company recently reported a nearly 400% year-over-year
increase in Q4 earnings.
B.O.S Better Online Solutions Ltd. (BOSC)
Provider of mobile and radio frequency identification (RFID)
B.O.S Better Online Solutions Ltd.
) has watched its stock rise 71% year to date, and 126% in the last
8×8 Inc. (EGHT)
Developer and marketer of telecom solutions for Internet
protocol (IP), telephony and video applications,
) has gained 20% since the start of 2011. Looking further back,
EGHT is up 120% in the last calendar year. Potential investors
should also take note of EGHT's net profit margin of 8% from last
Multiband Corp. (MBND)
Next up is
), which provides voice, data and video services to multi-dwelling
unit and single family home customers. The volatile penny stock has
gained 47% year to date. In the last 12 months, MBND is up 98%,
compared to much smaller gains by the broader markets.
ICO Global Communications Ltd. (ICOG)
Rounding out the list is development-stage mobile satellite
ICO Global Communications Ltd
). This penny stock is up 57% year to date and 72% in the past 12
months. Buy this stock with a 52-week range of $1.20 to $3.20.