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. Diebold Nixdorf (NYSE:DBD)
The Component Grade breakdown for Diebold Nixdorf (NYSE:DBD) is: Value: B, Growth: A, Momentum: B, Sentiment: A, Safety: B, Financials: C, and AI: C.
Diebold Nixdorf (NYSE:DBD) has a Due Diligence Score of 39, which is 11 points higher than the app industry average of 28.
DBD passed 12 out of 33 due diligence checks and has average fundamentals. Diebold Nixdorf has seen its stock return 115.47% over the past year, overperforming other app stocks by 144 percentage points.
Diebold Nixdorf has an average 1 year
price target of $100.00, an upside of 25.3% from Diebold Nixdorf's current stock price of $79.81.
Diebold Nixdorf stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Diebold Nixdorf, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. 8x8 (NASDAQ:EGHT)
8x8 (NASDAQ:EGHT) is the #2 top app stock out of 230 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: A, Growth: B, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: A.
8x8 (NASDAQ:EGHT) has a Due Diligence Score of 12, which is -16 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 4 out of 33 due diligence checks and has weak fundamentals. 8x8 has seen its stock return 0% over the past year, overperforming other app stocks by 28 percentage points.
8x8 has an average 1 year
price target of $2.75, an upside of 64.67% from 8x8's current stock price of $1.67.
8x8 stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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.
3. Mntn (NYSE:MNTN)
Mntn (NYSE:MNTN) is the #3 top app stock out of 230 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 Mntn (NYSE:MNTN) is: Value: B, Growth: B, Momentum: D, Sentiment: A, Safety: B, Financials: A, and AI: B.
Mntn (NYSE:MNTN) has a Due Diligence Score of 28, which is equal to the app industry average of 28.
MNTN passed 9 out of 33 due diligence checks and has average fundamentals.
Mntn has an average 1 year
price target of $21.44, an upside of 131.01% from Mntn's current stock price of $9.28.
Mntn stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Mntn, 50% have issued a Strong Buy rating, 37.5% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.