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: A, and AI: B.
Sonos (NASDAQ:SONO) has a Due Diligence Score of 21, which is -2 points lower than the consumer electronic industry average of 23. Although this number is below the industry average, our proven quant model rates SONO as a "B".
SONO passed 6 out of 33 due diligence checks and has weak fundamentals. Sonos has seen its stock return 17.55% over the past year, overperforming other consumer electronic stocks by 94 percentage points.
Sonos has an average 1 year
price target of $19.67, an upside of 37.82% from Sonos's current stock price of $14.27.
Sonos stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Sonos, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Apple (NASDAQ:AAPL)
Apple (NASDAQ:AAPL) is the #2 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: B, Safety: C, Financials: A, and AI: A.
Apple (NASDAQ:AAPL) has a Due Diligence Score of 52, which is 29 points higher than the consumer electronic industry average of 23.
AAPL passed 21 out of 38 due diligence checks and has strong fundamentals. Apple has seen its stock return 14.24% over the past year, overperforming other consumer electronic stocks by 91 percentage points.
Apple has an average 1 year
price target of $300.11, an upside of 16.56% from Apple's current stock price of $257.46.
Apple stock has a consensus Buy recommendation according to Wall Street analysts. Of the 24 analysts covering Apple, 50% have issued a Strong Buy rating, 25% have issued a Buy, 16.67% have issued a hold, while 4.17% have issued a Sell rating, and 4.17% have issued a Strong Sell.
3. Lg Display Co (NYSE:LPL)
Lg Display Co (NYSE:LPL) 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 Lg Display Co (NYSE:LPL) is: Value: B, Growth: C, Momentum: C, Sentiment: D, Safety: C, Financials: C, and AI: B.
Lg Display Co (NYSE:LPL) has a Due Diligence Score of 15, which is -8 points lower than the consumer electronic industry average of 23.
LPL passed 6 out of 38 due diligence checks and has weak fundamentals. Lg Display Co has seen its stock return 28.16% over the past year, overperforming other consumer electronic stocks by 105 percentage points.