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 conglomerate stocks to buy right now are:
1. Griffon (NYSE:GFF)
Griffon (NYSE:GFF) is the #1 top conglomerate stock out of 19 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 Griffon (NYSE:GFF) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: B.
Griffon (NYSE:GFF) has a Due Diligence Score of 47, which is 20 points higher than the conglomerate industry average of 27.
GFF passed 19 out of 38 due diligence checks and has strong fundamentals. Griffon has seen its stock lose -1.09% over the past year, overperforming other conglomerate stocks by 17 percentage points.
Griffon has an average 1 year
price target of $100.00, an upside of 38.97% from Griffon's current stock price of $71.96.
Griffon stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Griffon, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Valmont Industries (NYSE:VMI)
The Component Grade breakdown for Valmont Industries (NYSE:VMI) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: A, and AI: C.
Valmont Industries (NYSE:VMI) has a Due Diligence Score of 51, which is 24 points higher than the conglomerate industry average of 27.
VMI passed 21 out of 38 due diligence checks and has strong fundamentals. Valmont Industries has seen its stock return 32.73% over the past year, overperforming other conglomerate stocks by 51 percentage points.
Valmont Industries has an average 1 year
price target of $402.50, an upside of 34.53% from Valmont Industries's current stock price of $299.20.
Valmont Industries stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Valmont Industries, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Compass Diversified Holdings (NYSE:CODI)
The Component Grade breakdown for Compass Diversified Holdings (NYSE:CODI) is: Value: C, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Compass Diversified Holdings (NYSE:CODI) has a Due Diligence Score of 15, which is -12 points lower than the conglomerate industry average of 27. Although this number is below the industry average, our proven quant model rates CODI as a "B".
CODI passed 6 out of 38 due diligence checks and has weak fundamentals. Compass Diversified Holdings has seen its stock lose -20.59% over the past year, underperforming other conglomerate stocks by -2 percentage points.
Compass Diversified Holdings has an average 1 year
price target of $34.00, an upside of 78.1% from Compass Diversified Holdings's current stock price of $19.09.
Compass Diversified Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Compass Diversified Holdings, 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.