TIGO

Zacks highlights three Rank #1 stocks with strong income potential: Plains Group Holdings (PAGP) with a 6.4% dividend yield and 148.3% earnings estimate increase; Millicom International Cellular (TIGO) with a 3.3% dividend yield and 35.4% earnings estimate increase; and Shell plc (SHEL) with a 3.2% dividend yield and 8.5% earnings estimate increase.

The Zacks Wireless Non-US industry faces near-term headwinds from elevated infrastructure investments, supply chain disruptions, and margin pressure, but maintains long-term growth potential driven by 5G rollouts, IoT adoption, and digitalization. The industry ranks #178 out of 250 Zacks industries and has underperformed the S&P 500 and tech sector over the past year. Three companies—KDDI, Millicom, and SoftBank—are highlighted as well-positioned to capitalize on robust demand for advanced connectivity solutions.

Zacks has added five stocks to its Strong Buy list based on increasing consensus earnings estimates over the last 60 days. The selections span memory/storage, energy, and telecommunications sectors, with earnings estimate increases ranging from 6.8% to 35.4%.