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: C, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: C.
Espey Mfg & Electronics (NYSEMKT:ESP) has a Due Diligence Score of 46, which is 20 points higher than the electrical equipment & part industry average of 26.
ESP passed 17 out of 38 due diligence checks and has strong fundamentals. Espey Mfg & Electronics has seen its stock return 104% over the past year, overperforming other electrical equipment & part stocks by 80 percentage points.
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: C, Safety: C, Financials: B, and AI: C.
Preformed Line Products Co (NASDAQ:PLPC) has a Due Diligence Score of 40, which is 14 points higher than the electrical equipment & part industry average of 26.
PLPC passed 14 out of 38 due diligence checks and has average fundamentals. Preformed Line Products Co has seen its stock return 47.33% over the past year, overperforming other electrical equipment & part stocks by 23 percentage points.
3. Acuity Brands (NYSE:AYI)
Acuity Brands (NYSE:AYI) is the #3 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 +32.52% per year.
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The Component Grade breakdown for Acuity Brands (NYSE:AYI) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: C.
Acuity Brands (NYSE:AYI) has a Due Diligence Score of 42, which is 16 points higher than the electrical equipment & part industry average of 26.
AYI passed 15 out of 38 due diligence checks and has strong fundamentals. Acuity Brands has seen its stock return 32.86% over the past year, overperforming other electrical equipment & part stocks by 9 percentage points.
Acuity Brands has an average 1 year
price target of $340.00, an upside of 8.35% from Acuity Brands's current stock price of $313.81.
Acuity Brands stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Acuity Brands, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.