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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