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 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
Learn more.
The Component Grade breakdown for Knowles (NYSE:KN) is: Value: C, Growth: B, Momentum: B, Sentiment: B, 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 95.59% over the past year, underperforming other communication equipment stocks by -58 percentage points.
Knowles has an average 1 year
price target of $39.00, an upside of 27.41% from Knowles's current stock price of $30.61.
Knowles stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Knowles, 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.
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 42, which is 12 points higher than the communication equipment industry average of 30.
DGII passed 13 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 105.96% over the past year, underperforming other communication equipment stocks by -48 percentage points.
Digi International has an average 1 year
price target of $48.80, a downside of -13.87% from Digi International's current stock price of $56.66.
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. Lantronix (NASDAQ:LTRX)
Lantronix (NASDAQ:LTRX) is the #3 top communication equipment stock out of 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
Learn more.
The Component Grade breakdown for Lantronix (NASDAQ:LTRX) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.
Lantronix (NASDAQ:LTRX) has a Due Diligence Score of 17, which is -13 points lower than the communication equipment industry average of 30. Although this number is below the industry average, our proven quant model rates LTRX as a "A".
LTRX passed 5 out of 33 due diligence checks and has weak fundamentals. Lantronix has seen its stock return 194.59% over the past year, overperforming other communication equipment stocks by 41 percentage points.
Lantronix has an average 1 year
price target of $8.25, an upside of 26.15% from Lantronix's current stock price of $6.54.
Lantronix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Lantronix, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
