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 56.64% over the past year, overperforming other consumer electronic stocks by 119 percentage points.
Sonos has an average 1 year
price target of $19.67, an upside of 51.63% from Sonos's current stock price of $12.97.
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. Universal Electronics (NASDAQ:UEIC)
The Component Grade breakdown for Universal Electronics (NASDAQ:UEIC) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.
Universal Electronics (NASDAQ:UEIC) has a Due Diligence Score of 20, which is -3 points lower than the consumer electronic industry average of 23. Although this number is below the industry average, our proven quant model rates UEIC as a "B".
UEIC passed 6 out of 33 due diligence checks and has weak fundamentals. Universal Electronics has seen its stock lose -14.2% over the past year, overperforming other consumer electronic stocks by 48 percentage points.
Universal Electronics has an average 1 year
price target of $3.50, a downside of -17.26% from Universal Electronics's current stock price of $4.23.
Universal Electronics stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Universal Electronics, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 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 Zepp Health (NYSE:ZEPP) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Zepp Health (NYSE:ZEPP) has a Due Diligence Score of 13, which is -10 points lower than the consumer electronic industry average of 23.
ZEPP passed 5 out of 38 due diligence checks and has weak fundamentals. Zepp Health has seen its stock return 430.89% over the past year, overperforming other consumer electronic stocks by 493 percentage points.