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 business equipment & supply stocks to buy right now are:
1. Steelcase (NYSE:SCS)
Steelcase (NYSE:SCS) is the #1 top business equipment & supply stock out of 5 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 Steelcase (NYSE:SCS) is: Value: A, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: B.
Steelcase (NYSE:SCS) has a Due Diligence Score of 47, which is 13 points higher than the business equipment & supply industry average of 34.
SCS passed 17 out of 38 due diligence checks and has strong fundamentals. Steelcase has seen its stock lose -18.55% over the past year, underperforming other business equipment & supply stocks by -10 percentage points.
2. Acco Brands (NYSE:ACCO)
Acco Brands (NYSE:ACCO) is the #2 top business equipment & supply stock out of 5 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 Acco Brands (NYSE:ACCO) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Acco Brands (NYSE:ACCO) has a Due Diligence Score of 22, which is -12 points lower than the business equipment & supply industry average of 34. Although this number is below the industry average, our proven quant model rates ACCO as a "B".
ACCO passed 6 out of 38 due diligence checks and has weak fundamentals. Acco Brands has seen its stock lose -20.33% over the past year, underperforming other business equipment & supply stocks by -12 percentage points.
Acco Brands has an average 1 year
price target of $7.00, an upside of 78.57% from Acco Brands's current stock price of $3.92.
Acco Brands stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Acco Brands, 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. Hni (NYSE:HNI)
Hni (NYSE:HNI) is the #3 top business equipment & supply stock out of 5 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Hni (NYSE:HNI) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: B.
Hni (NYSE:HNI) has a Due Diligence Score of 56, which is 22 points higher than the business equipment & supply industry average of 34.
HNI passed 21 out of 38 due diligence checks and has strong fundamentals. Hni has seen its stock lose -1.28% over the past year, overperforming other business equipment & supply stocks by 8 percentage points.