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 gaming & multimedium stocks to buy right now are:
1. Meridian Holdings (NASDAQ:MRDN)
The Component Grade breakdown for Meridian Holdings (NASDAQ:MRDN) is: Value: C, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: D.
Meridian Holdings (NASDAQ:MRDN) has a Due Diligence Score of 18, which is -12 points lower than the electronic gaming & multimedium industry average of 30. Although this number is below the industry average, our proven quant model rates MRDN as a "A".
MRDN passed 6 out of 33 due diligence checks and has weak fundamentals. Meridian Holdings has seen its stock lose -46.55% over the past year, underperforming other electronic gaming & multimedium stocks by -28 percentage points.
2. Motorsport Games (NASDAQ:MSGM)
Motorsport Games (NASDAQ:MSGM) is the #2 top electronic gaming & multimedium stock out of 26 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Motorsport Games (NASDAQ:MSGM) is: Value: A, Growth: C, Momentum: C, Sentiment: C, Safety: D, Financials: B, and AI: C.
Motorsport Games (NASDAQ:MSGM) has a Due Diligence Score of 59, which is 29 points higher than the electronic gaming & multimedium industry average of 30.
MSGM passed 19 out of 33 due diligence checks and has strong fundamentals. Motorsport Games has seen its stock return 49.82% over the past year, overperforming other electronic gaming & multimedium stocks by 69 percentage points.
3. Doubledown Interactive Co (NASDAQ:DDI)
The Component Grade breakdown for Doubledown Interactive Co (NASDAQ:DDI) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.
Doubledown Interactive Co (NASDAQ:DDI) has a Due Diligence Score of 43, which is 13 points higher than the electronic gaming & multimedium industry average of 30.
DDI passed 13 out of 33 due diligence checks and has strong fundamentals. Doubledown Interactive Co has seen its stock return 11.73% over the past year, overperforming other electronic gaming & multimedium stocks by 31 percentage points.
Doubledown Interactive Co has an average 1 year
price target of $15.00, an upside of 29.09% from Doubledown Interactive Co's current stock price of $11.62.
Doubledown Interactive Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Doubledown Interactive Co, 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.