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 38 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 Sandisk (NASDAQ:SNDK) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.
Sandisk (NASDAQ:SNDK) has a Due Diligence Score of 34, which is 5 points higher than the computer hardware industry average of 29.
SNDK passed 11 out of 33 due diligence checks and has average fundamentals. Sandisk has seen its stock return 1,034.04% over the past year, overperforming other computer hardware stocks by 901 percentage points.
Sandisk has an average 1 year
price target of $537.31, a downside of -5% from Sandisk's current stock price of $565.59.
Sandisk stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Sandisk, 56.25% have issued a Strong Buy rating, 18.75% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Corsair Gaming (NASDAQ:CRSR)
The Component Grade breakdown for Corsair Gaming (NASDAQ:CRSR) is: Value: B, Growth: B, Momentum: D, Sentiment: B, Safety: C, Financials: B, and AI: C.
Corsair Gaming (NASDAQ:CRSR) has a Due Diligence Score of 26, which is -3 points lower than the computer hardware industry average of 29. Although this number is below the industry average, our proven quant model rates CRSR as a "A".
CRSR passed 8 out of 33 due diligence checks and has average fundamentals. Corsair Gaming has seen its stock lose -46.25% over the past year, underperforming other computer hardware stocks by -180 percentage points.
Corsair Gaming has an average 1 year
price target of $8.50, an upside of 36.22% from Corsair Gaming's current stock price of $6.24.
Corsair Gaming stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Corsair Gaming, 28.57% have issued a Strong Buy rating, 42.86% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Pure Storage (NYSE:PSTG)
Pure Storage (NYSE:PSTG) is the #3 top computer hardware stock out of 38 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 Pure Storage (NYSE:PSTG) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: C.
Pure Storage (NYSE:PSTG) has a Due Diligence Score of 34, which is 5 points higher than the computer hardware industry average of 29.
PSTG passed 11 out of 33 due diligence checks and has average fundamentals. Pure Storage has seen its stock return 24.49% over the past year, underperforming other computer hardware stocks by -109 percentage points.
Pure Storage has an average 1 year
price target of $95.67, an upside of 56.5% from Pure Storage's current stock price of $61.13.
Pure Storage stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Pure Storage, 40% have issued a Strong Buy rating, 33.33% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 6.67% have issued a Strong Sell.