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6 Telecom Stocks to Watch

NEW YORK ( TheStreet) -- Shares of telecommunications companies Vonage Holdings (VG - Get Report), Global Crossing (GLBC), tw telecom (TWTC), AboveNet (ABVT), SureWest Communications (SURW) and inContact (SAAS - Get Report) could see significant gains in coming months, according to analysts' 12-month price targets.

With markets reacting to news of Google's (GOOG) acquisition of Motorola Mobility (MMI), telecommunication stocks are in the spotlight.

These six telecom stocks we have selected have strong fundamentals.

The average consensus price target for these stocks over the next 12 months is 37%. On average, each of these stocks has 63% of analysts giving it a buy rating.

We have not included larger communications stocks AT&T (T) and Verizon Communications (VZ) because analysts' expectations for their upside potential are lower.

We have listed the stocks in ascending order of upside implied by the average analyst price target.
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SAAS $9.48 -2.07%
TWTC $42.78 2.42%
VG $4.09 -0.49%
AAPL $92.72 -0.56%
FB $119.49 1.43%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

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