According to Zen Score, the 3 best electronic component stocks to buy right now are:
1. Universal Display (NASDAQ:OLED)
Universal Display (NASDAQ:OLED) is the top electronic component stock with a Zen Score of 62, which is 27 points higher than the electronic component industry average of 35. It passed 24 out of 38 due diligence checks and has strong fundamentals. Universal Display has seen its stock return 11.48% over the past year.
Universal Display has an average 1 year
price target of $200.80, an upside of 30.47% from Universal Display's current stock price of $153.90.
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.
2. Eltek (NASDAQ:ELTK)
Eltek (NASDAQ:ELTK) is the second best electronic component stock with a Zen Score of 61, which is 26 points higher than the electronic component industry average of 35. It passed 23 out of 38 due diligence checks and has strong fundamentals. Eltek has seen its stock return 173.86% over the past year, overperforming other electronic component stocks by 163 percentage points.
3. Lsi Industries (NASDAQ:LYTS)
Lsi Industries (NASDAQ:LYTS) is the third best electronic component stock with a Zen Score of 56, which is 21 points higher than the electronic component industry average of 35. It passed 21 out of 38 due diligence checks and has strong fundamentals. Lsi Industries has seen its stock return 16.44% over the past year, overperforming other electronic component stocks by 5 percentage points.
Lsi Industries has an average 1 year
price target of $20.00, an upside of 37.74% from Lsi Industries's current stock price of $14.52.
Lsi Industries stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Lsi Industries, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.