Top 7 Trades for December

Top Stock #3: Consolidated Communications Holdings (CNSL)

30 Dead Dividend Stocks to Avoid At All Costs

Consolidated Communications Holdings (CNSL) offers a range of telecommunications services. TheStreet.com rates CNSL a “buy” saying, “The company’s strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations, notable return on equity, solid stock price performance and impressive record of earnings per share growth.”

Telecommunications was one of the few very strong sectors in November, and momentum for telecom stocks remains strong, indicating that the sector may head higher. CNSL has strong upside volume that is building after holding above its bullish support line. The target for the stock is $18.

Learn 5 Ways to Tell a Stock is Headed Up.

Next: Top Stock #4