GOOGL to CMCSA: Top S&P 500 communication stocks to explore in 2022

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 GOOGL to CMCSA: Top S&P 500 communication stocks to explore in 2022
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Highlights:

  • Alphabet Inc. (NASDAQ: GOOGL) returned over 37% gains in the last 12 months.
  • Meta Platforms, Inc. (NASDAQ: FB) revenue surged 37% YoY in fiscal 2021.
  • Comcast Corporation (NASDAQ: CMCSA) revenue increased by 12.4% YoY in FY2021.

The communication sector comprises media and internet services providers, which play an important part in consumers' daily life. The IT sector helps people and organizations to stay connected. Lately, the industry has been on investors' radar, following strong back-to-back quarterly results. The following are some of the top communication stocks worth exploring.

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Alphabet Inc. (NASDAQ: GOOGL)

Alphabet is one of the leading conglomerate firms based in Mountain View, California. It offers internet and technology-related services including search engines, cloud computing, etc. Alphabet is the parent company of Google.

The shares of the company traded at US$2778.43 at 12:10 pm ET on March 23, down 0.68% from their closing price of March 22. Its stock value increased by 37.04% over the past 12 months.

The firm has a market cap of US$1.84 trillion, a P/E ratio of 24.83, and a forward one-year P/E ratio of 23.77. Its EPS is US$112.23.

The 52-week highest and lowest stock prices were US$3,030.93 and US$1,996.09, respectively. Its trading volume was 1,774,777 on March 22.

The company's revenue increased by 32% YoY to US$75.32 billion in Q4, FY21, while its net income came in at US$20.64 billion, or US$30.69 per diluted share. For fiscal 2021, the company's revenue surged 41% YoY to US$257.63 billion.

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Top S&P 500 communication stocks to explore in April

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Meta Platforms, Inc. (NASDAQ: FB)

Meta Platforms, formerly Facebook, is one of the leading technology conglomerate firms based in Menlo Park, California. It is the parent company of various social networking platforms like Facebook, Instagram, WhatsApp, etc.

The stock of the company traded at US$214.86 at 12:15 pm ET on March 23, down 0.83% from its previous closing price. The FB stock fell 25.46% over the past 12 months.

The market cap of the company is US$587.38 billion, the P/E ratio is 15.64, and the forward one-year P/E ratio is 17.18. Its EPS is US$13.80.

The stock saw the highest price of US$384.33 and the lowest price of US$185.82 in the last 52 weeks. Its share volume on March 22 was 31,998,800.

The company reported revenue of US$33.67 billion in Q4, FY21, up 20% YoY, while its net income came in at US$10.28 billion, or US$3.67 per diluted share. For fiscal 2021, the company's total revenue jumped 37% YoY to US$117.92 billion.

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Walt Disney Company (NYSE: DIS)

Walt Disney is a media and entertainment firm based in Burbank, California. Its businesses include media networks, studio entertainment, theme parks, etc.

The shares of the company traded at US$139.17 at 12:19 pm ET on March 23, down 0.67% from their closing price of March 22. Its stock value decreased by 25.76% over the past 12 months.

The firm has a market cap of US$254.08 billion, a P/E ratio of 83.07, and a forward one-year P/E ratio of 31.41. Its EPS is US$1.68. The 52-week highest and lowest stock prices were US$192.34 and US$128.38, respectively. Its trading volume was 8,511,566 on March 22.

The revenue of the company jumped 34% YoY to US$21.81 billion in Q1, FY22, while its net income attributable to the company came in at US$1.10 billion, or US$0.60 per diluted share.

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Verizon Communications Inc. (NYSE: VZ)

Verizon is a telecommunication firm that offers a range of services in communications, information, entertainment, and other related sectors. It is based in New York, and its clients include individuals, businesses, as well as government agencies.

The stock of the company traded at US$51.035 at 12:23 pm ET on March 23, up 0.07% from its previous closing price. The VZ stock plunged 10.38% over the past 12 months.

The market cap of the company is US$214.19 billion, the P/E ratio is 9.57, and the forward one-year P/E ratio is 9.31. Its EPS is US$5.33.

The stock saw the highest price of US$59.85 and the lowest price of US$49.69 in the last 52 weeks. Its share volume on March 22 was 28,676,580.

The company's operating revenue declined 1.8% YoY to US$34.1 billion in Q4, FY21, while its net income came in at US$4.7 billion, or US$1.11 per share. For fiscal 2021, the company's revenue surged 4.1% YoY to US$133.6 billion.

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Communication stocks: GOOGL, FB, DIS, VZ, CMCSA

Comcast Corporation (NASDAQ: CMCSA)

Comcast is a telecommunication firm based in Philadelphia, Pennsylvania. It offers a range of media and technology products and services for consumers.

The shares of the company traded at US$46.925 at 12:28 pm ET on March 23, down 0.62% from their closing price of March 22. Its stock value tumbled 15.89% over the past 12 months.

The firm has a market cap of US$213.03 billion, a P/E ratio of 15.51, and a forward one-year P/E ratio of 13.34. Its EPS is US$3.03.

The 52-week highest and lowest stock prices were US$61.80 and US$44.27, respectively. Its trading volume was 15,409,600 on March 22.

The company's revenue rose 9.5% YoY to US$30.33 billion in Q4, FY21, while its attributable net income came in at US$3.05 billion, or US$0.66 per share. For fiscal 2021, the company's revenue jumped 12.4% YoY to US$116.38 billion.

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Bottom line:

The S&P 500 Communication Services Index tumbled 2.95% in the past 12 months while declining 11.99% YTD. However, investors should exercise due diligence before investing in the stock market.

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