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. Gibraltar Industries (NASDAQ:ROCK)
The Component Grade breakdown for Gibraltar Industries (NASDAQ:ROCK) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: B.
Gibraltar Industries (NASDAQ:ROCK) has a Due Diligence Score of 58, which is 19 points higher than the building product & equipment industry average of 39.
ROCK passed 18 out of 33 due diligence checks and has strong fundamentals. Gibraltar Industries has seen its stock lose -25.9% over the past year, underperforming other building product & equipment stocks by -20 percentage points.
2. Perma Pipe International Holdings (NASDAQ:PPIH)
The Component Grade breakdown for Perma Pipe International Holdings (NASDAQ:PPIH) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Perma Pipe International Holdings (NASDAQ:PPIH) has a Due Diligence Score of 53, which is 14 points higher than the building product & equipment industry average of 39.
PPIH passed 17 out of 33 due diligence checks and has strong fundamentals. Perma Pipe International Holdings has seen its stock return 39.53% over the past year, overperforming other building product & equipment stocks by 46 percentage points.
3. Armstrong World Industries (NYSE:AWI)
The Component Grade breakdown for Armstrong World Industries (NYSE:AWI) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: B.
Armstrong World Industries (NYSE:AWI) has a Due Diligence Score of 59, which is 20 points higher than the building product & equipment industry average of 39.
AWI passed 23 out of 38 due diligence checks and has strong fundamentals. Armstrong World Industries has seen its stock return 26.24% over the past year, overperforming other building product & equipment stocks by 32 percentage points.
Armstrong World Industries has an average 1 year
price target of $167.75, an upside of 15.67% from Armstrong World Industries's current stock price of $145.02.
Armstrong World Industries stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Armstrong World Industries, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.