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: C.
Enersys (NYSE:ENS) has a Due Diligence Score of 45, which is 15 points higher than the electrical equipment & part industry average of 30.
ENS passed 16 out of 38 due diligence checks and has strong fundamentals. Enersys has seen its stock return 64.8% over the past year, overperforming other electrical equipment & part stocks by 151 percentage points.
Enersys has an average 1 year
price target of $265.00, an upside of 39.78% from Enersys's current stock price of $189.59.
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. Orion Energy Systems (NASDAQ:OESX)
The Component Grade breakdown for Orion Energy Systems (NASDAQ:OESX) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: D.
Orion Energy Systems (NASDAQ:OESX) has a Due Diligence Score of 22, which is -8 points lower than the electrical equipment & part industry average of 30. Although this number is below the industry average, our proven quant model rates OESX as a "A".
OESX passed 7 out of 33 due diligence checks and has weak fundamentals. Orion Energy Systems has seen its stock return 276.53% over the past year, overperforming other electrical equipment & part stocks by 363 percentage points.
3. Preformed Line Products Co (NASDAQ:PLPC)
The Component Grade breakdown for Preformed Line Products Co (NASDAQ:PLPC) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: B, Financials: B, and AI: C.
Preformed Line Products Co (NASDAQ:PLPC) has a Due Diligence Score of 43, which is 13 points higher than the electrical equipment & part industry average of 30.
PLPC passed 15 out of 38 due diligence checks and has strong fundamentals. Preformed Line Products Co has seen its stock return 102.67% over the past year, overperforming other electrical equipment & part stocks by 189 percentage points.