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. Espey Mfg & Electronics (NYSEMKT:ESP)
The Component Grade breakdown for Espey Mfg & Electronics (NYSEMKT:ESP) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: C.
Espey Mfg & Electronics (NYSEMKT:ESP) has a Due Diligence Score of 49, which is 22 points higher than the electrical equipment & part industry average of 27.
ESP passed 18 out of 38 due diligence checks and has strong fundamentals. Espey Mfg & Electronics has seen its stock return 68.37% over the past year, overperforming other electrical equipment & part stocks by 82 percentage points.
2. Ultralife (NASDAQ:ULBI)
Ultralife (NASDAQ:ULBI) is the #2 top electrical equipment & part stock out of 53 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Ultralife (NASDAQ:ULBI) is: Value: A, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Ultralife (NASDAQ:ULBI) has a Due Diligence Score of 34, which is 7 points higher than the electrical equipment & part industry average of 27.
ULBI passed 10 out of 33 due diligence checks and has average fundamentals. Ultralife has seen its stock lose -26.15% over the past year, underperforming other electrical equipment & part stocks by -13 percentage points.
3. Preformed Line Products Co (NASDAQ:PLPC)
The Component Grade breakdown for Preformed Line Products Co (NASDAQ:PLPC) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Preformed Line Products Co (NASDAQ:PLPC) has a Due Diligence Score of 38, which is 11 points higher than the electrical equipment & part industry average of 27.
PLPC passed 13 out of 38 due diligence checks and has average fundamentals. Preformed Line Products Co has seen its stock return 13.72% over the past year, overperforming other electrical equipment & part stocks by 27 percentage points.