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 electrical equipment & part stocks to buy right now are:
1. Enersys (NYSE:ENS)
Enersys (NYSE:ENS) is the #1 top electrical equipment & part stock out of 52 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 Enersys (NYSE:ENS) is: Value: A, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: B.
Enersys (NYSE:ENS) has a Due Diligence Score of 42, which is 14 points higher than the electrical equipment & part industry average of 28.
ENS passed 15 out of 38 due diligence checks and has strong fundamentals. Enersys has seen its stock return 89.28% over the past year, overperforming other electrical equipment & part stocks by 174 percentage points.
Enersys has an average 1 year
price target of $265.00, an upside of 37.34% from Enersys's current stock price of $192.95.
Enersys stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Enersys, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Preformed Line Products Co (NASDAQ:PLPC)
The Component Grade breakdown for Preformed Line Products Co (NASDAQ:PLPC) is: Value: C, Growth: B, Momentum: B, Sentiment: A, Safety: B, Financials: B, and AI: C.
Preformed Line Products Co (NASDAQ:PLPC) has a Due Diligence Score of 38, which is 10 points higher than the electrical equipment & part industry average of 28.
PLPC passed 13 out of 38 due diligence checks and has average fundamentals. Preformed Line Products Co has seen its stock return 110.73% over the past year, overperforming other electrical equipment & part stocks by 196 percentage points.
Preformed Line Products Co has an average 1 year
price target of $275.00, a downside of -32.89% from Preformed Line Products Co's current stock price of $409.77.
Preformed Line Products Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Preformed Line Products Co, 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.
3. Orion Energy Systems (NASDAQ:OESX)
The Component Grade breakdown for Orion Energy Systems (NASDAQ:OESX) is: Value: C, Growth: A, Momentum: B, Sentiment: A, Safety: C, Financials: B, and AI: D.
Orion Energy Systems (NASDAQ:OESX) has a Due Diligence Score of 19, which is -9 points lower than the electrical equipment & part industry average of 28. Although this number is below the industry average, our proven quant model rates OESX as a "A".
OESX passed 6 out of 33 due diligence checks and has weak fundamentals. Orion Energy Systems has seen its stock return 242.54% over the past year, overperforming other electrical equipment & part stocks by 328 percentage points.