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 A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Sonos (NASDAQ:SONO) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.
Sonos (NASDAQ:SONO) has a Due Diligence Score of 32, which is 10 points higher than the consumer electronic industry average of 22.
SONO passed 10 out of 33 due diligence checks and has average fundamentals. Sonos has seen its stock return 13.35% over the past year, overperforming other consumer electronic stocks by 106 percentage points.
Sonos has an average 1 year
price target of $21.00, an upside of 28.76% from Sonos's current stock price of $16.31.
Sonos stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Sonos, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Turtle Beach (NASDAQ:TBCH)
Turtle Beach (NASDAQ:TBCH) is the #2 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 +17.17% per year.
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The Component Grade breakdown for Turtle Beach (NASDAQ:TBCH) is: Value: B, Growth: B, Momentum: D, Sentiment: D, Safety: C, Financials: B, and AI: C.
Turtle Beach (NASDAQ:TBCH) has a Due Diligence Score of 22, which is equal to the consumer electronic industry average of 22.
TBCH passed 7 out of 33 due diligence checks and has weak fundamentals. Turtle Beach has seen its stock lose -22.87% over the past year, overperforming other consumer electronic stocks by 70 percentage points.
Turtle Beach has an average 1 year
price target of $15.33, an upside of 20.26% from Turtle Beach's current stock price of $12.75.
Turtle Beach stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Turtle Beach, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Sony (NYSE:SONY)
Sony (NYSE:SONY) 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 +5.11% per year.
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The Component Grade breakdown for Sony (NYSE:SONY) is: Value: B, Growth: D, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: A.
Sony (NYSE:SONY) has a Due Diligence Score of 14, which is -8 points lower than the consumer electronic industry average of 22.
SONY passed 5 out of 38 due diligence checks and has weak fundamentals. Sony has seen its stock lose -16.4% over the past year, overperforming other consumer electronic stocks by 77 percentage points.
Sony has an average 1 year
price target of $22.00, a downside of -9.43% from Sony's current stock price of $24.29.
Sony stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Sony, 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.