According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best software stocks to buy right now are:
1. Ncr Atleos (NYSE:NATL)
Ncr Atleos (NYSE:NATL) is the #1 top app stock out of 239 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Ncr Atleos (NYSE:NATL) is: Value: A, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: B.
Ncr Atleos (NYSE:NATL) has a Due Diligence Score of 35, which is 7 points higher than the app industry average of 28.
NATL passed 11 out of 33 due diligence checks and has average fundamentals. Ncr Atleos has seen its stock return 35.53% over the past year, overperforming other app stocks by 42 percentage points.
Ncr Atleos has an average 1 year
price target of $41.00, an upside of 13.26% from Ncr Atleos's current stock price of $36.20.
Ncr Atleos stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Ncr Atleos, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Pagerduty (NYSE:PD)
Pagerduty (NYSE:PD) is the #2 top app stock out of 239 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Pagerduty (NYSE:PD) is: Value: B, Growth: A, Momentum: D, Sentiment: B, Safety: C, Financials: B, and AI: C.
Pagerduty (NYSE:PD) has a Due Diligence Score of 22, which is -6 points lower than the app industry average of 28. Although this number is below the industry average, our proven quant model rates PD as a "A".
PD passed 7 out of 33 due diligence checks and has weak fundamentals. Pagerduty has seen its stock lose -12.54% over the past year, underperforming other app stocks by -6 percentage points.
Pagerduty has an average 1 year
price target of $18.67, an upside of 15.87% from Pagerduty's current stock price of $16.11.
Pagerduty stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Pagerduty, 33.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 16.67% have issued a Strong Sell.
3. 8x8 (NASDAQ:EGHT)
8x8 (NASDAQ:EGHT) is the #3 top app stock out of 239 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for 8x8 (NASDAQ:EGHT) is: Value: B, Growth: A, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
8x8 (NASDAQ:EGHT) has a Due Diligence Score of 16, which is -12 points lower than the app industry average of 28. Although this number is below the industry average, our proven quant model rates EGHT as a "A".
EGHT passed 5 out of 33 due diligence checks and has weak fundamentals. 8x8 has seen its stock lose -19.83% over the past year, underperforming other app stocks by -13 percentage points.
8x8 has an average 1 year
price target of $2.75, an upside of 47.85% from 8x8's current stock price of $1.86.
8x8 stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering 8x8, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.