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10 Top-Rated Telecom Stocks

NEW YORK ( TheStreet) -- American Tower (AMT - Get Report), Crown Castle International (CCI - Get Report) and Virgin Media (VMED) are among telecom stocks that received buy ratings of 60%-89%.

Although IDT Corp (IDT), USA Mobility (USMO), Towerstream (TWER), ORBCOMM (ORBC), Otelco (OTT), Iridium Communications (IRDM) and 8x8 (EGHT) have buy ratings of 67%-100%, we did not include these stocks in this list, as only a few analysts track these stocks.

The NASDAQ Telecom Index surged 9.3% so far in 2011 to 52-week highs on Tuesday, while the S&P 500 Index rose 5.3%.

Besides top ratings, these 10 telecom stocks are expected to gain up to 26% over the next 12 months, based on analysts' consensus estimates of price targets.

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SYM TRADE IT LAST %CHG
KONG $0.00 0.00%
VMED $0.00 0.00%
ATNI $70.64 0.34%
AMT $95.41 0.23%
CCI $85.27 0.32%

Markets

DOW 18,074.67 +36.70 0.20%
S&P 500 2,112.07 +3.15 0.15%
NASDAQ 5,060.6130 +0.3670 0.01%

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