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 communication equipment stocks to buy right now are:
1. Knowles (NYSE:KN)
Knowles (NYSE:KN) is the #1 top communication equipment stock out of 55 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 Knowles (NYSE:KN) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Knowles (NYSE:KN) has a Due Diligence Score of 44, which is 14 points higher than the communication equipment industry average of 30.
KN passed 14 out of 33 due diligence checks and has strong fundamentals. Knowles has seen its stock return 59.6% over the past year, underperforming other communication equipment stocks by -33 percentage points.
Knowles has an average 1 year
price target of $23.00, a downside of -9.59% from Knowles's current stock price of $25.44.
Knowles stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Knowles, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Digi International (NASDAQ:DGII)
The Component Grade breakdown for Digi International (NASDAQ:DGII) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: C.
Digi International (NASDAQ:DGII) has a Due Diligence Score of 44, which is 14 points higher than the communication equipment industry average of 30.
DGII passed 14 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 62.74% over the past year, underperforming other communication equipment stocks by -30 percentage points.
Digi International has an average 1 year
price target of $48.80, an upside of 2.8% from Digi International's current stock price of $47.47.
Digi International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Digi International, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Ituran Location & Control (NASDAQ:ITRN)
The Component Grade breakdown for Ituran Location & Control (NASDAQ:ITRN) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: B, Financials: A, and AI: C.
Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 54, which is 24 points higher than the communication equipment industry average of 30.
ITRN passed 19 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 37.04% over the past year, underperforming other communication equipment stocks by -56 percentage points.
Ituran Location & Control has an average 1 year
price target of $60.67, an upside of 20.04% from Ituran Location & Control's current stock price of $50.54.
Ituran Location & Control stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Ituran Location & Control, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.