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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:

Vuzix (NASDAQ:VUZI) is the top consumer electronic stock with a Zen Score of 44, which is 17 points higher than the consumer electronic industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Vuzix has seen its stock lose -48.18% over the past year, underperforming other consumer electronic stocks by -60 percentage points.

Vizio Holding (NYSE:VZIO) is the second best consumer electronic stock with a Zen Score of 44, which is 17 points higher than the consumer electronic industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Vizio Holding has seen its stock lose -18.48% over the past year, underperforming other consumer electronic stocks by -30 percentage points.

Vizio Holding has an average 1 year price target of $9.33, an upside of 29.81% from Vizio Holding's current stock price of $7.19.

Vizio Holding stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Vizio Holding, 16.67% have issued a Strong Buy rating, 50% have issued a Buy, 16.67% have issued a hold, while 16.67% have issued a Sell rating, and 0% have issued a Strong Sell.

Emerson Radio (NYSEMKT:MSN) is the third best consumer electronic stock with a Zen Score of 41, which is 14 points higher than the consumer electronic industry average of 27. It passed 12 out of 33 due diligence checks and has strong fundamentals. Emerson Radio has seen its stock return 3.38% over the past year, underperforming other consumer electronic stocks by -8 percentage points.

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:

Apple (NASDAQ:AAPL) has an annual dividend yield of 0.57%, which is the same as the consumer electronic industry average of 0.57%. 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 15.3% indicates that its dividend yield is sustainable for the long-term.

Consumer electronic stocks were up 0.74% in the last day, and up 2.22% over the last week.

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

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

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 25 points higher than the consumer electronic industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Sony's stock has gained 12.77% in the past year. It has overperformed other stocks in the consumer electronic industry by 1 percentage points.

Singing Machine Co (NASDAQ:MICS) is the second most undervalued consumer electronic stock based on WallStreetZen's Valuation Score. Singing Machine Co has a valuation score of 43, which is 11 points higher than the consumer electronic industry average of 32. It passed 3 out of 7 valuation due diligence checks.

Singing Machine Co's stock has dropped -77.55% in the past year. It has underperformed other stocks in the consumer electronic industry by -89 percentage points.

Emerson Radio (NYSEMKT:MSN) is the third most undervalued consumer electronic stock based on WallStreetZen's Valuation Score. Emerson Radio has a valuation score of 43, which is 11 points higher than the consumer electronic industry average of 32. It passed 3 out of 7 valuation due diligence checks.

Emerson Radio's stock has gained 3.38% in the past year. It has underperformed other stocks in the consumer electronic industry by -8 percentage points.