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Best Consumer Electronic Stocks to Buy Now (2023)

Top consumer electronic stocks in 2023 ranked by overall Zen Score. See the best consumer electronic stocks to buy now, according to analyst forecasts for the consumer electronics industry.

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

Koss (NASDAQ:KOSS) is the top consumer electronic stock with a Zen Score of 49, which is 20 points higher than the consumer electronic industry average of 29. It passed 19 out of 38 due diligence checks and has strong fundamentals. Koss has seen its stock lose -46.23% over the past year, underperforming other consumer electronic stocks by -42 percentage points.

Aterian (NASDAQ:ATER) is the second best consumer electronic stock with a Zen Score of 41, which is 12 points higher than the consumer electronic industry average of 29. It passed 13 out of 33 due diligence checks and has strong fundamentals. Aterian has seen its stock lose -80.49% over the past year, underperforming other consumer electronic stocks by -76 percentage points.

Aterian has an average 1 year price target of $3.00, an upside of 405.9% from Aterian's current stock price of $0.59.

Aterian stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Aterian, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Sony (NYSE:SONY) is the third best consumer electronic stock with a Zen Score of 39, which is 10 points higher than the consumer electronic industry average of 29. It passed 16 out of 38 due diligence checks and has average fundamentals. Sony has seen its stock return 2.76% over the past year, overperforming other consumer electronic stocks by 7 percentage points.

Sony has an average 1 year price target of $118.00, an upside of 22.08% from Sony's current stock price of $96.66.

Sony stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Sony, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 2 consumer electronic stocks that have issued dividends in the past year, the 2 consumer electronic stocks with the highest dividend yields are:

Hamilton Beach Brands Holding Co (NYSE:HBB) has an annual dividend yield of 4.5%, which is 2 percentage points higher than the consumer electronic industry average of 2.55%. Hamilton Beach Brands Holding Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Hamilton Beach Brands Holding Co's dividend has shown consistent growth over the last 10 years.

Hamilton Beach Brands Holding Co's dividend payout ratio of 43.8% indicates that its dividend yield is sustainable for the long-term.

Apple (NASDAQ:AAPL) has an annual dividend yield of 0.61%, which is -2 percentage points lower than the consumer electronic industry average of 2.55%. 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 15.6% indicates that its dividend yield is sustainable for the long-term.

Consumer electronic stocks were up 2.27% in the last day, and up 3.8% over the last week. Sony was the among the top gainers in the consumer electronics industry, gaining 3.16% yesterday.

Shares of Japanese stocks are trading higher after Ministry of Finance data reportedly showed foreign investors have been net buyers of Japanese equities in the period leading up to May 26.

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

Koss (NASDAQ:KOSS) is the most undervalued consumer electronic stock based on WallStreetZen's Valuation Score. Koss has a valuation score of 86, which is 53 points higher than the consumer electronic industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Koss's stock has dropped -46.23% in the past year. It has underperformed other stocks in the consumer electronic industry by -42 percentage points.

Sony (NYSE:SONY) is the second most undervalued consumer electronic stock based on WallStreetZen's Valuation Score. Sony has a valuation score of 57, which is 24 points higher than the consumer electronic industry average of 33. It passed 4 out of 7 valuation due diligence checks.

Sony's stock has gained 2.76% in the past year. It has overperformed other stocks in the consumer electronic industry by 7 percentage points.

Hamilton Beach Brands Holding Co (NYSE:HBB) is the third most undervalued consumer electronic stock based on WallStreetZen's Valuation Score. Hamilton Beach Brands Holding Co has a valuation score of 43, which is 10 points higher than the consumer electronic industry average of 33. It passed 3 out of 7 valuation due diligence checks.

Hamilton Beach Brands Holding Co's stock has dropped -5.41% in the past year. It has underperformed other stocks in the consumer electronic industry by -1 percentage points.