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: B, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: D.
Meridian Holdings (NASDAQ:MRDN) has a Due Diligence Score of 16, which is -14 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 5 out of 33 due diligence checks and has weak fundamentals. Meridian Holdings has seen its stock lose -20.22% over the past year, overperforming other electronic gaming & multimedium stocks by 58 percentage points.
2. Doubledown Interactive Co (NASDAQ:DDI)
The Component Grade breakdown for Doubledown Interactive Co (NASDAQ:DDI) is: Value: A, Growth: D, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: A.
Doubledown Interactive Co (NASDAQ:DDI) has a Due Diligence Score of 53, which is 23 points higher than the electronic gaming & multimedium industry average of 30.
DDI passed 16 out of 33 due diligence checks and has strong fundamentals. Doubledown Interactive Co has seen its stock return 52.14% over the past year, overperforming other electronic gaming & multimedium stocks by 131 percentage points.
Doubledown Interactive Co has an average 1 year
price target of $19.50, an upside of 44.66% from Doubledown Interactive Co's current stock price of $13.48.
Doubledown Interactive Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Doubledown Interactive Co, 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.
3. Motorsport Games (NASDAQ:MSGM)
Motorsport Games (NASDAQ:MSGM) is the #3 top electronic gaming & multimedium stock out of 23 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Motorsport Games (NASDAQ:MSGM) is: Value: A, Growth: D, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.
Motorsport Games (NASDAQ:MSGM) has a Due Diligence Score of 42, which is 12 points higher than the electronic gaming & multimedium industry average of 30.
MSGM passed 14 out of 33 due diligence checks and has strong fundamentals. Motorsport Games has seen its stock return 90.83% over the past year, overperforming other electronic gaming & multimedium stocks by 170 percentage points.