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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.

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

Vizio Holding (NYSE:VZIO) is the top consumer electronic stock with a Zen Score of 42, which is 18 points higher than the consumer electronic industry average of 24. It passed 13 out of 33 due diligence checks and has strong fundamentals. Vizio Holding has seen its stock return 23.17% over the past year, overperforming other consumer electronic stocks by 29 percentage points.

Vizio Holding has an average 1 year price target of $10.50, a downside of -2.69% from Vizio Holding's current stock price of $10.79.

Vizio Holding stock has a consensus Hold recommendation according to Wall Street analysts. Of the 7 analysts covering Vizio Holding, 0% have issued a Strong Buy rating, 14.29% have issued a Buy, 85.71% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Apple (NASDAQ:AAPL) is the second best 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 2.23% over the past year, overperforming other consumer electronic stocks by 8 percentage points.

Apple has an average 1 year price target of $199.44, an upside of 18% from Apple's current stock price of $169.02.

Apple stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Apple, 25% have issued a Strong Buy rating, 18.75% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 6.25% have issued a Strong Sell.

Sony (NYSE:SONY) is the third best consumer electronic stock with a Zen Score of 38, which is 14 points higher than the consumer electronic industry average of 24. It passed 15 out of 38 due diligence checks and has average fundamentals. Sony has seen its stock lose -9.67% over the past year, underperforming other consumer electronic stocks by -4 percentage points.

Sony has an average 1 year price target of $108.00, an upside of 30.58% from Sony's current stock price of $82.71.

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 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 14.7% indicates that its dividend yield is sustainable for the long-term.

Consumer electronic stocks were up 0.93% in the last day, and up 1.2% 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 71, which is 46 points higher than the consumer electronic industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Sony's stock has dropped -9.67% in the past year. It has underperformed other stocks in the consumer electronic industry by -4 percentage points.

Emerson Radio (NYSEMKT:MSN) is the second most undervalued consumer electronic stock based on WallStreetZen's Valuation Score. Emerson Radio has a valuation score of 43, which is 18 points higher than the consumer electronic industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Emerson Radio's stock has gained 1.48% in the past year. It has overperformed other stocks in the consumer electronic industry by 7 percentage points.

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 18 points higher than the consumer electronic industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Gopro's stock has dropped -60.14% in the past year. It has underperformed other stocks in the consumer electronic industry by -54 percentage points.