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Best Consumer Electronic Stocks to Buy Now (2024)
Top consumer electronic stocks in 2024 ranked by overall Zen Score. See the best consumer electronic stocks to buy now, according to analyst forecasts for the consumer electronics industry.

Industry: Consumer Electronics
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
AAPL
APPLE INC
$2.77T$179.66$206.0614.69%Buy173.16%5.77%166.30%34.86%
VZIO
VIZIO HOLDING CORP
$2.18B$11.02$10.72-2.70%Hold910.07%99.40%N/AN/A
MSN
EMERSON RADIO CORP
$10.86M$0.52N/AN/AN/AN/AN/AN/AN/AN/A
FEBO
FENBO HOLDINGS LTD
N/A$8.26N/AN/AN/AN/AN/AN/AN/AN/A
SONY
SONY GROUP CORP
$119.04B$88.02$108.0022.70%Buy1-0.15%27.61%N/AN/A
GPRO
GOPRO INC
$355.26M$2.37$2.505.49%Sell2-0.55%N/AN/AN/A
VUZI
VUZIX CORP
$109.56M$1.73$3.50102.31%Buy1N/AN/AN/AN/A
HEAR
TURTLE BEACH CORP
$191.97M$11.03N/AN/AN/AN/A14.07%N/AN/AN/A
KOSS
KOSS CORP
$23.14M$2.50N/AN/AN/AN/AN/AN/AN/AN/A
UEIC
UNIVERSAL ELECTRONICS INC
$112.17M$8.66$12.7547.23%Hold2-9.95%N/AN/AN/A
SONO
SONOS INC
$2.38B$19.23$20.335.74%Strong Buy36.37%N/AN/AN/A
WLDS
WEARABLE DEVICES LTD
$7.65M$0.48N/AN/AN/AN/AN/AN/AN/AN/A
VOXX
VOXX INTERNATIONAL CORP
$185.76M$8.22N/AN/AN/AN/AN/AN/AN/AN/A
MICS
SINGING MACHINE CO INC
$4.30M$1.02$4.00292.16%Buy1N/AN/AN/AN/A
WTO
UTIME LTD
$3.49M$0.26N/AN/AN/AN/AN/AN/AN/AN/A
ZEPP
ZEPP HEALTH CORP
$74.77M$1.23N/AN/AN/AN/AN/AN/AN/AN/A
LPL
LG DISPLAY CO LTD
$3.01B$4.20N/AN/AN/AN/AN/AN/AN/AN/A
SYNX
SILYNXCOM LTD
N/A$3.55N/AN/AN/AN/AN/AN/AN/AN/A

Consumer Electronic Stocks FAQ

What are the best consumer electronic stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best consumer electronic stocks to buy right now are:

1. Apple (NASDAQ:AAPL)


Apple (NASDAQ:AAPL) is the top consumer electronic stock with a Zen Score of 41, which is 17 points higher than the consumer electronic industry average of 24. It passed 16 out of 38 due diligence checks and has strong fundamentals. Apple has seen its stock return 23.64% over the past year, overperforming other consumer electronic stocks by 16 percentage points.

Apple has an average 1 year price target of $206.06, an upside of 14.69% from Apple's current stock price of $179.66.

Apple stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Apple, 29.41% have issued a Strong Buy rating, 29.41% have issued a Buy, 35.29% have issued a hold, while 0% have issued a Sell rating, and 5.88% have issued a Strong Sell.

2. Vizio Holding (NYSE:VZIO)


Vizio Holding (NYSE:VZIO) is the second best consumer electronic stock with a Zen Score of 39, which is 15 points higher than the consumer electronic industry average of 24. It passed 12 out of 33 due diligence checks and has average fundamentals. Vizio Holding has seen its stock return 14.08% over the past year, overperforming other consumer electronic stocks by 7 percentage points.

Vizio Holding has an average 1 year price target of $10.72, a downside of -2.7% from Vizio Holding's current stock price of $11.02.

Vizio Holding stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Vizio Holding, 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. Emerson Radio (NYSEMKT:MSN)


Emerson Radio (NYSEMKT:MSN) is the third best consumer electronic stock with a Zen Score of 37, which is 13 points higher than the consumer electronic industry average of 24. It passed 11 out of 33 due diligence checks and has average fundamentals. Emerson Radio has seen its stock lose -8.02% over the past year, underperforming other consumer electronic stocks by -15 percentage points.

What are the consumer electronic stocks with highest dividends?

Out of 1 consumer electronic stocks that have issued dividends in the past year, the 1 consumer electronic stocks with the highest dividend yields are:

1. Apple (NASDAQ:AAPL)


Apple (NASDAQ:AAPL) has an annual dividend yield of 0.53%, which is the same as the consumer electronic industry average of 0.53%. Apple's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Apple's dividend has shown consistent growth over the last 10 years.

Apple's dividend payout ratio of 14.7% indicates that its dividend yield is sustainable for the long-term.

Why are consumer electronic stocks up?

Consumer electronic stocks were up 0.46% in the last day, and down -0.41% over the last week.

We couldn't find a catalyst for why consumer electronic stocks are up.

What are the most undervalued consumer electronic stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued consumer electronic stocks right now are:

1. Sony (NYSE:SONY)


Sony (NYSE:SONY) is the most undervalued consumer electronic stock based on WallStreetZen's Valuation Score. Sony has a valuation score of 57, which is 31 points higher than the consumer electronic industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Sony's stock has gained 5.25% in the past year. It has underperformed other stocks in the consumer electronic industry by -2 percentage points.

2. Universal Electronics (NASDAQ:UEIC)


Universal Electronics (NASDAQ:UEIC) is the second most undervalued consumer electronic stock based on WallStreetZen's Valuation Score. Universal Electronics has a valuation score of 43, which is 17 points higher than the consumer electronic industry average of 26. It passed 3 out of 7 valuation due diligence checks.

Universal Electronics's stock has dropped -28.9% in the past year. It has underperformed other stocks in the consumer electronic industry by -36 percentage points.

3. Gopro (NASDAQ:GPRO)


Gopro (NASDAQ:GPRO) is the third most undervalued consumer electronic stock based on WallStreetZen's Valuation Score. Gopro has a valuation score of 43, which is 17 points higher than the consumer electronic industry average of 26. It passed 3 out of 7 valuation due diligence checks.

Gopro's stock has dropped -54.77% in the past year. It has underperformed other stocks in the consumer electronic industry by -62 percentage points.

Are consumer electronic stocks a good buy now?

50% of consumer electronic stocks rated by analysts are a buy right now. On average, analysts expect consumer electronic stocks to rise by 18.01% over the next year.

What is the average p/e ratio of the consumer electronics industry?

The average P/E ratio of the consumer electronics industry is 25.78x.
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