U.S. Markets close in 5 hrs

Communication Services: We Like the Unloved

Michael Hodel, CFA (michael.hodel@morningstar.com)

The Morningstar U.S. Communications Services Index (Exhibit 1) continues to perform well amid broader market volatility. The sector consists of four major types of companies: traditional phone companies, cable companies, wireless carriers, and infrastructure firms. Traditional phone companies AT&T and Verizon dominate the index.