According to Zen Score, the 3 best conglomerate stocks to buy right now are:
1. Rcm Technologies (NASDAQ:RCMT)
Rcm Technologies (NASDAQ:RCMT) is the top conglomerate stock with a Zen Score of 56, which is 26 points higher than the conglomerate industry average of 30. It passed 18 out of 33 due diligence checks and has strong fundamentals. Rcm Technologies has seen its stock return 54.74% over the past year, overperforming other conglomerate stocks by 71 percentage points.
Rcm Technologies has an average 1 year
price target of $33.00, an upside of 72.96% from Rcm Technologies's current stock price of $19.08.
Rcm Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Rcm Technologies, 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.
2. Honeywell International (NASDAQ:HON)
Honeywell International (NASDAQ:HON) is the second best conglomerate stock with a Zen Score of 50, which is 20 points higher than the conglomerate industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Honeywell International has seen its stock lose -1.79% over the past year, overperforming other conglomerate stocks by 15 percentage points.
Honeywell International has an average 1 year
price target of $221.80, an upside of 14.18% from Honeywell International's current stock price of $194.26.
Honeywell International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Honeywell International, 40% have issued a Strong Buy rating, 0% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Valmont Industries (NYSE:VMI)
Valmont Industries (NYSE:VMI) is the third best conglomerate stock with a Zen Score of 47, which is 17 points higher than the conglomerate industry average of 30. It passed 17 out of 38 due diligence checks and has strong fundamentals. Valmont Industries has seen its stock lose -27.64% over the past year, underperforming other conglomerate stocks by -11 percentage points.
Valmont Industries has an average 1 year
price target of $262.00, an upside of 22.89% from Valmont Industries's current stock price of $213.20.
Valmont Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Valmont Industries, 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.