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 building product & equipment stocks to buy right now are:
1. Quanex Building Products (NYSE:NX)
The Component Grade breakdown for Quanex Building Products (NYSE:NX) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: B.
Quanex Building Products (NYSE:NX) has a Due Diligence Score of 41, which is 6 points higher than the building product & equipment industry average of 35.
NX passed 14 out of 38 due diligence checks and has strong fundamentals. Quanex Building Products has seen its stock return 49.96% over the past year, overperforming other building product & equipment stocks by 64 percentage points.
Quanex Building Products has an average 1 year
price target of $28.00, an upside of 33.08% from Quanex Building Products's current stock price of $21.04.
Quanex Building Products stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Quanex Building Products, 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.
2. Arlo Technologies (NYSE:ARLO)
Arlo Technologies (NYSE:ARLO) is the #2 top building product & equipment stock out of 33 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
Learn more.
The Component Grade breakdown for Arlo Technologies (NYSE:ARLO) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Arlo Technologies (NYSE:ARLO) has a Due Diligence Score of 54, which is 19 points higher than the building product & equipment industry average of 35.
ARLO passed 18 out of 33 due diligence checks and has strong fundamentals. Arlo Technologies has seen its stock lose -27.73% over the past year, underperforming other building product & equipment stocks by -14 percentage points.
Arlo Technologies has an average 1 year
price target of $18.00, an upside of 31.29% from Arlo Technologies's current stock price of $13.71.
Arlo Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Arlo Technologies, 33.33% have issued a Strong Buy rating, 66.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Owens Corning (NYSE:OC)
Owens Corning (NYSE:OC) is the #3 top building product & equipment stock out of 33 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
Learn more.
The Component Grade breakdown for Owens Corning (NYSE:OC) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Owens Corning (NYSE:OC) has a Due Diligence Score of 23, which is -12 points lower than the building product & equipment industry average of 35. Although this number is below the industry average, our proven quant model rates OC as a "B".
OC passed 7 out of 38 due diligence checks and has weak fundamentals. Owens Corning has seen its stock lose -5.22% over the past year, overperforming other building product & equipment stocks by 8 percentage points.
Owens Corning has an average 1 year
price target of $149.09, an upside of 26.61% from Owens Corning's current stock price of $117.76.
Owens Corning stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Owens Corning, 54.55% have issued a Strong Buy rating, 9.09% have issued a Buy, 36.36% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
