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 consumer electronic stocks to buy right now are:
1. Sonos (NASDAQ:SONO)
Sonos (NASDAQ:SONO) is the #1 top consumer electronic stock out of 17 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 Sonos (NASDAQ:SONO) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: B.
Sonos (NASDAQ:SONO) has a Due Diligence Score of 38, which is 14 points higher than the consumer electronic industry average of 24.
SONO passed 12 out of 33 due diligence checks and has average fundamentals. Sonos has seen its stock return 35.29% over the past year, overperforming other consumer electronic stocks by 105 percentage points.
Sonos has an average 1 year
price target of $21.00, an upside of 37.98% from Sonos's current stock price of $15.22.
Sonos stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Sonos, 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. Universal Electronics (NASDAQ:UEIC)
The Component Grade breakdown for Universal Electronics (NASDAQ:UEIC) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: A.
Universal Electronics (NASDAQ:UEIC) has a Due Diligence Score of 19, which is -5 points lower than the consumer electronic industry average of 24.
UEIC passed 6 out of 33 due diligence checks and has weak fundamentals. Universal Electronics has seen its stock lose -36.68% over the past year, overperforming other consumer electronic stocks by 33 percentage points.
3. Apple (NASDAQ:AAPL)
Apple (NASDAQ:AAPL) is the #3 top consumer electronic stock out of 17 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Apple (NASDAQ:AAPL) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: B.
Apple (NASDAQ:AAPL) has a Due Diligence Score of 50, which is 26 points higher than the consumer electronic industry average of 24.
AAPL passed 20 out of 38 due diligence checks and has strong fundamentals. Apple has seen its stock return 38.85% over the past year, overperforming other consumer electronic stocks by 108 percentage points.
Apple has an average 1 year
price target of $312.15, an upside of 6.65% from Apple's current stock price of $292.68.
Apple stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Apple, 47.06% have issued a Strong Buy rating, 23.53% have issued a Buy, 23.53% have issued a hold, while 0% have issued a Sell rating, and 5.88% have issued a Strong Sell.