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. Universal Electronics (NASDAQ:UEIC)
The Component Grade breakdown for Universal Electronics (NASDAQ:UEIC) is: Value: C, Growth: B, Momentum: D, Sentiment: C, Safety: C, Financials: C, and AI: C.
Universal Electronics (NASDAQ:UEIC) has a Due Diligence Score of 28, which is 3 points higher than the consumer electronic industry average of 25.
UEIC passed 8 out of 33 due diligence checks and has average fundamentals. Universal Electronics has seen its stock lose -47.55% over the past year, overperforming other consumer electronic stocks by 11 percentage points.
Universal Electronics has an average 1 year
price target of $10.00, an upside of 117.39% from Universal Electronics's current stock price of $4.60.
Universal Electronics stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Universal Electronics, 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.
2. Turtle Beach (NASDAQ:TBCH)
Turtle Beach (NASDAQ:TBCH) is the #2 top consumer electronic stock out of 16 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 Turtle Beach (NASDAQ:TBCH) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: D, Financials: C, and AI: C.
Turtle Beach (NASDAQ:TBCH) has a Due Diligence Score of 46, which is 21 points higher than the consumer electronic industry average of 25.
TBCH passed 15 out of 33 due diligence checks and has strong fundamentals. Turtle Beach has seen its stock return 3.4% over the past year, overperforming other consumer electronic stocks by 62 percentage points.
Turtle Beach has an average 1 year
price target of $15.17, a downside of -4.07% from Turtle Beach's current stock price of $15.81.
Turtle Beach stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Turtle Beach, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Zepp Health (NYSE:ZEPP)
Zepp Health (NYSE:ZEPP) is the #3 top consumer electronic stock out of 16 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 Zepp Health (NYSE:ZEPP) is: Value: C, Growth: B, Momentum: A, Sentiment: C, Safety: D, Financials: C, and AI: D.
Zepp Health (NYSE:ZEPP) has a Due Diligence Score of 11, which is -14 points lower than the consumer electronic industry average of 25.
ZEPP passed 4 out of 38 due diligence checks and has weak fundamentals. Zepp Health has seen its stock return 1,190.51% over the past year, overperforming other consumer electronic stocks by 1,249 percentage points.