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: A, Momentum: A, Sentiment: C, Safety: B, Financials: B, and AI: C.
Perma Pipe International Holdings (NASDAQ:PPIH) has a Due Diligence Score of 39, which is 5 points higher than the building product & equipment industry average of 34.
PPIH passed 12 out of 33 due diligence checks and has average fundamentals. Perma Pipe International Holdings has seen its stock return 221.58% over the past year, overperforming other building product & equipment stocks by 223 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 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 Interface (NASDAQ:TILE) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.
Interface (NASDAQ:TILE) has a Due Diligence Score of 38, which is 4 points higher than the building product & equipment industry average of 34.
TILE passed 14 out of 38 due diligence checks and has average fundamentals. Interface has seen its stock return 54.5% over the past year, overperforming other building product & equipment stocks by 56 percentage points.
Interface has an average 1 year
price target of $32.00, an upside of 20.21% from Interface's current stock price of $26.62.
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: A, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.
Arlo Technologies (NYSE:ARLO) has a Due Diligence Score of 13, which is -21 points lower than the building product & equipment industry average of 34. Although this number is below the industry average, our proven quant model rates ARLO as a "B".
ARLO passed 4 out of 33 due diligence checks and has weak fundamentals. Arlo Technologies has seen its stock return 35.56% over the past year, overperforming other building product & equipment stocks by 37 percentage points.
Arlo Technologies has an average 1 year
price target of $24.00, an upside of 45.72% from Arlo Technologies's current stock price of $16.47.
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.