According to Zen Score, the 3 best food stocks to buy right now are:
1. Lifeway Foods (NASDAQ:LWAY)
Lifeway Foods (NASDAQ:LWAY) is the top food stock with a Zen Score of 57, which is 29 points higher than the food industry average of 28. It passed 19 out of 33 due diligence checks and has strong fundamentals. Lifeway Foods has seen its stock return 305.83% over the past year, overperforming other food stocks by 320 percentage points.
Lifeway Foods has an average 1 year
price target of $14.00, a downside of -42.51% from Lifeway Foods's current stock price of $24.35.
Lifeway Foods stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Lifeway Foods, 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.
2. Bon Natural Life (NASDAQ:BON)
Bon Natural Life (NASDAQ:BON) is the second best food stock with a Zen Score of 56, which is 28 points higher than the food industry average of 28. It passed 18 out of 33 due diligence checks and has strong fundamentals. Bon Natural Life has seen its stock lose -64.19% over the past year, underperforming other food stocks by -50 percentage points.
3. Simply Good Foods Co (NASDAQ:SMPL)
Simply Good Foods Co (NASDAQ:SMPL) is the third best food stock with a Zen Score of 56, which is 28 points higher than the food industry average of 28. It passed 18 out of 33 due diligence checks and has strong fundamentals. Simply Good Foods Co has seen its stock return 0.65% over the past year, overperforming other food stocks by 15 percentage points.
Simply Good Foods Co has an average 1 year
price target of $38.86, an upside of 4.06% from Simply Good Foods Co's current stock price of $37.34.
Simply Good Foods Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Simply Good Foods Co, 42.86% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.