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: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Perma Pipe International Holdings (NASDAQ:PPIH) has a Due Diligence Score of 45, which is 7 points higher than the building product & equipment industry average of 38.
PPIH passed 14 out of 33 due diligence checks and has strong fundamentals. Perma Pipe International Holdings has seen its stock return 88.37% over the past year, overperforming other building product & equipment stocks by 98 percentage points.
2. Interface (NASDAQ:TILE)
Interface (NASDAQ:TILE) is the #2 top building product & equipment stock out of 32 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: B, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: B.
Interface (NASDAQ:TILE) has a Due Diligence Score of 44, which is 6 points higher than the building product & equipment industry average of 38.
TILE passed 17 out of 38 due diligence checks and has strong fundamentals. Interface has seen its stock return 35.54% over the past year, overperforming other building product & equipment stocks by 45 percentage points.
Interface has an average 1 year
price target of $30.00, an upside of 49.55% from Interface's current stock price of $20.06.
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.
3. Arlo Technologies (NYSE:ARLO)
Arlo Technologies (NYSE:ARLO) is the #3 top building product & equipment stock out of 32 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 Arlo Technologies (NYSE:ARLO) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.
Arlo Technologies (NYSE:ARLO) has a Due Diligence Score of 16, which is -22 points lower than the building product & equipment industry average of 38. Although this number is below the industry average, our proven quant model rates ARLO as a "B".
ARLO passed 5 out of 33 due diligence checks and has weak fundamentals. Arlo Technologies has seen its stock return 29.81% over the past year, overperforming other building product & equipment stocks by 39 percentage points.
Arlo Technologies has an average 1 year
price target of $24.00, an upside of 40.6% from Arlo Technologies's current stock price of $17.07.
Arlo Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst 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.