According to Zen Score, the 3 best electronic component stocks to buy right now are:
1. Eltek (NASDAQ:ELTK)
Eltek (NASDAQ:ELTK) is the top electronic component stock with a Zen Score of 61, which is 27 points higher than the electronic component industry average of 34. It passed 23 out of 38 due diligence checks and has strong fundamentals. Eltek has seen its stock return 171.87% over the past year, overperforming other electronic component stocks by 156 percentage points.
2. Universal Display (NASDAQ:OLED)
Universal Display (NASDAQ:OLED) is the second best electronic component stock with a Zen Score of 58, which is 24 points higher than the electronic component industry average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Universal Display has seen its stock return 19.35% over the past year, overperforming other electronic component stocks by 4 percentage points.
Universal Display has an average 1 year
price target of $200.80, an upside of 28.45% from Universal Display's current stock price of $156.32.
Universal Display stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Universal Display, 40% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Lsi Industries (NASDAQ:LYTS)
Lsi Industries (NASDAQ:LYTS) is the third best electronic component stock with a Zen Score of 56, which is 22 points higher than the electronic component industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Lsi Industries has seen its stock return 12.69% over the past year, underperforming other electronic component stocks by -3 percentage points.
Lsi Industries has an average 1 year
price target of $19.00, an upside of 27.35% from Lsi Industries's current stock price of $14.92.
Lsi Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Lsi Industries, 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.