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. Perma Pipe International Holdings (NASDAQ:PPIH)
The Component Grade breakdown for Perma Pipe International Holdings (NASDAQ:PPIH) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Perma Pipe International Holdings (NASDAQ:PPIH) has a Due Diligence Score of 51, which is 18 points higher than the building product & equipment industry average of 33.
PPIH passed 17 out of 33 due diligence checks and has strong fundamentals. Perma Pipe International Holdings has seen its stock return 94.57% over the past year, overperforming other building product & equipment stocks by 114 percentage points.
2. Arlo Technologies (NYSE:ARLO)
Arlo Technologies (NYSE:ARLO) is the #2 top building product & equipment stock out of 31 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 Arlo Technologies (NYSE:ARLO) is: Value: C, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.
Arlo Technologies (NYSE:ARLO) has a Due Diligence Score of 46, which is 13 points higher than the building product & equipment industry average of 33.
ARLO passed 15 out of 33 due diligence checks and has strong fundamentals. Arlo Technologies has seen its stock return 7.4% over the past year, overperforming other building product & equipment stocks by 27 percentage points.
Arlo Technologies has an average 1 year
price target of $24.00, an upside of 70.58% from Arlo Technologies's current stock price of $14.07.
Arlo Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Arlo Technologies, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Interface (NASDAQ:TILE)
Interface (NASDAQ:TILE) is the #3 top building product & equipment stock out of 31 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Interface (NASDAQ:TILE) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: B.
Interface (NASDAQ:TILE) has a Due Diligence Score of 42, which is 9 points higher than the building product & equipment industry average of 33.
TILE passed 16 out of 38 due diligence checks and has strong fundamentals. Interface has seen its stock return 8.55% over the past year, overperforming other building product & equipment stocks by 28 percentage points.
Interface has an average 1 year
price target of $32.00, an upside of 11.97% from Interface's current stock price of $28.58.
Interface stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Interface, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.