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 computer hardware stocks to buy right now are:
1. Sandisk (NASDAQ:SNDK)
Sandisk (NASDAQ:SNDK) is the #1 top computer hardware stock out of 43 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Sandisk (NASDAQ:SNDK) is: Value: A, Growth: A, Momentum: B, Sentiment: B, Safety: D, Financials: A, and AI: C.
Sandisk (NASDAQ:SNDK) has a Due Diligence Score of 76, which is 44 points higher than the computer hardware industry average of 32.
SNDK passed 25 out of 33 due diligence checks and has strong fundamentals. Sandisk has seen its stock return 826.18% over the past year, overperforming other computer hardware stocks by 673 percentage points.
Sandisk has an average 1 year
price target of $2,270.00, an upside of 65.56% from Sandisk's current stock price of $1,371.12.
Sandisk stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Sandisk, 62.5% have issued a Strong Buy rating, 25% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Netapp (NASDAQ:NTAP)
Netapp (NASDAQ:NTAP) is the #2 top computer hardware stock out of 43 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Netapp (NASDAQ:NTAP) is: Value: C, Growth: C, Momentum: A, Sentiment: B, Safety: C, Financials: A, and AI: B.
Netapp (NASDAQ:NTAP) has a Due Diligence Score of 49, which is 17 points higher than the computer hardware industry average of 32.
NTAP passed 18 out of 38 due diligence checks and has strong fundamentals. Netapp has seen its stock return 76.88% over the past year, underperforming other computer hardware stocks by -76 percentage points.
Netapp has an average 1 year
price target of $206.64, a downside of -0.35% from Netapp's current stock price of $207.37.
Netapp stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Netapp, 21.43% have issued a Strong Buy rating, 14.29% have issued a Buy, 64.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Dell Technologies (NYSE:DELL)
The Component Grade breakdown for Dell Technologies (NYSE:DELL) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: C.
Dell Technologies (NYSE:DELL) has a Due Diligence Score of 39, which is 7 points higher than the computer hardware industry average of 32.
DELL passed 14 out of 38 due diligence checks and has average fundamentals. Dell Technologies has seen its stock return 208% over the past year, overperforming other computer hardware stocks by 55 percentage points.
Dell Technologies has an average 1 year
price target of $580.91, an upside of 27.55% from Dell Technologies's current stock price of $455.44.
Dell Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 22 analysts covering Dell Technologies, 50% have issued a Strong Buy rating, 22.73% have issued a Buy, 27.27% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.