In This Article:
We recently published a list of Why These 15 Communication Services Stocks Are up the Most So Far in 2025. In this article, we are going to take a look at where Millicom International Cellular SA (NASDAQ:TIGO) stands against other communication services stocks that are up the most so far in 2025.
The communication services sector has been one of Wall Street’s most dynamic performers so far this year. The sector has a lot of breadth and encompasses everything from traditional telecom giants to digital advertising platforms and streaming entertainment providers, so the sector hardly moves in tandem.
What makes this sector particularly intriguing is how different subsegments are thriving for entirely different reasons. Tech-oriented communication stocks have capitalized on AI, whereas telecom stalwarts have found strength through 5G network expansion, which is finally becoming the dominant communication standard this year.
Understanding these market leaders provides both defensive positioning opportunities and exposure to some of the most innovative companies.
Even during bear markets, there are pockets of the market that perform exceptionally well. For example, I identified 15 Energy Stocks that are Up the Most in 2025 in another article.
Methodology
For this article, I screened the best-performing communication services stocks year-to-date.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A telecom tower in a city skyline indicating the companys expansive reach.
Millicom International Cellular SA (NASDAQ:TIGO)
Number of Hedge Fund Holders In Q4 2024: 17
Millicom International Cellular SA (NASDAQ:TIGO) is a telecommunications provider offering cable, mobile, broadband, and digital financial services primarily in Latin America under the Tigo brand.
The most significant driver for Millicom’s stock surge in 2025 was the completion of its delisting from Nasdaq Stockholm, which consolidated all trading of its shares on the U.S. Nasdaq. This move simplified the company’s capital structure and led SEB, the custodian bank, to initiate the sale of approximately 5.1 million unconverted Swedish Depositary Receipts, which the market viewed positively.