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 electronic component stocks to buy right now are:
1. Benchmark Electronics (NYSE:BHE)
The Component Grade breakdown for Benchmark Electronics (NYSE:BHE) is: Value: C, Growth: B, Momentum: A, Sentiment: B, Safety: B, Financials: B, and AI: C.
Benchmark Electronics (NYSE:BHE) has a Due Diligence Score of 33, which is -2 points lower than the electronic component industry average of 35. Although this number is below the industry average, our proven quant model rates BHE as a "A".
BHE passed 11 out of 38 due diligence checks and has average fundamentals. Benchmark Electronics has seen its stock return 135.67% over the past year, overperforming other electronic component stocks by 39 percentage points.
Benchmark Electronics has an average 1 year
price target of $68.50, a downside of -23.83% from Benchmark Electronics's current stock price of $89.93.
Benchmark Electronics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Benchmark Electronics, 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. Daktronics (NASDAQ:DAKT)
Daktronics (NASDAQ:DAKT) is the #2 top electronic component stock out of 44 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 Daktronics (NASDAQ:DAKT) is: Value: C, Growth: A, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: B.
Daktronics (NASDAQ:DAKT) has a Due Diligence Score of 43, which is 8 points higher than the electronic component industry average of 35.
DAKT passed 17 out of 38 due diligence checks and has strong fundamentals. Daktronics has seen its stock return 42.46% over the past year, underperforming other electronic component stocks by -55 percentage points.
Daktronics has an average 1 year
price target of $26.00, an upside of 28.08% from Daktronics's current stock price of $20.30.
Daktronics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Daktronics, 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. Sanmina (NASDAQ:SANM)
Sanmina (NASDAQ:SANM) is the #3 top electronic component stock out of 44 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 Sanmina (NASDAQ:SANM) is: Value: C, Growth: A, Momentum: A, Sentiment: B, Safety: C, Financials: C, and AI: C.
Sanmina (NASDAQ:SANM) has a Due Diligence Score of 41, which is 6 points higher than the electronic component industry average of 35.
SANM passed 13 out of 33 due diligence checks and has strong fundamentals. Sanmina has seen its stock return 191.82% over the past year, overperforming other electronic component stocks by 95 percentage points.
Sanmina has an average 1 year
price target of $172.50, a downside of -32.41% from Sanmina's current stock price of $255.20.
Sanmina stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Sanmina, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.