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. Astronova (NASDAQ:ALOT)
Astronova (NASDAQ:ALOT) 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 Astronova (NASDAQ:ALOT) is: Value: C, Growth: A, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: C.
Astronova (NASDAQ:ALOT) has a Due Diligence Score of 20, which is -13 points lower than the computer hardware industry average of 33. Although this number is below the industry average, our proven quant model rates ALOT as a "A".
ALOT passed 7 out of 38 due diligence checks and has weak fundamentals. Astronova has seen its stock return 76.69% over the past year, underperforming other computer hardware stocks by -263 percentage points.
2. Sandisk (NASDAQ:SNDK)
Sandisk (NASDAQ:SNDK) is the #2 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: A, Safety: D, Financials: A, and AI: C.
Sandisk (NASDAQ:SNDK) has a Due Diligence Score of 66, which is 33 points higher than the computer hardware industry average of 33.
SNDK passed 22 out of 33 due diligence checks and has strong fundamentals. Sandisk has seen its stock return 3,851.02% over the past year, overperforming other computer hardware stocks by 3,511 percentage points.
Sandisk has an average 1 year
price target of $1,606.18, a downside of -2.25% from Sandisk's current stock price of $1,643.23.
Sandisk stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Sandisk, 58.82% have issued a Strong Buy rating, 29.41% have issued a Buy, 11.76% 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: A, Momentum: A, Sentiment: A, Safety: C, Financials: B, and AI: C.
Dell Technologies (NYSE:DELL) has a Due Diligence Score of 35, which is 2 points higher than the computer hardware industry average of 33.
DELL passed 12 out of 38 due diligence checks and has average fundamentals. Dell Technologies has seen its stock return 226.56% over the past year, underperforming other computer hardware stocks by -113 percentage points.
Dell Technologies has an average 1 year
price target of $459.53, an upside of 24.26% from Dell Technologies's current stock price of $369.83.
Dell Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Dell Technologies, 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.