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 information technology service stocks to buy right now are:
1. Ibex (NASDAQ:IBEX)
Ibex (NASDAQ:IBEX) is the #1 top information technology service stock out of 67 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Ibex (NASDAQ:IBEX) is: Value: A, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.
Ibex (NASDAQ:IBEX) has a Due Diligence Score of 59, which is 23 points higher than the information technology service industry average of 36.
IBEX passed 19 out of 33 due diligence checks and has strong fundamentals. Ibex has seen its stock return 91.15% over the past year, overperforming other information technology service stocks by 89 percentage points.
Ibex has an average 1 year
price target of $25.00, a downside of -0.16% from Ibex's current stock price of $25.04.
Ibex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Ibex, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Magic Software Enterprises (NASDAQ:MGIC)
The Component Grade breakdown for Magic Software Enterprises (NASDAQ:MGIC) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: B, and AI: A.
Magic Software Enterprises (NASDAQ:MGIC) has a Due Diligence Score of 55, which is 19 points higher than the information technology service industry average of 36.
MGIC passed 20 out of 38 due diligence checks and has strong fundamentals. Magic Software Enterprises has seen its stock return 17.19% over the past year, overperforming other information technology service stocks by 15 percentage points.
Magic Software Enterprises has an average 1 year
price target of $16.00, an upside of 15.61% from Magic Software Enterprises's current stock price of $13.84.
Magic Software Enterprises stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Magic Software Enterprises, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Taskus (NASDAQ:TASK)
Taskus (NASDAQ:TASK) is the #3 top information technology service stock out of 67 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Taskus (NASDAQ:TASK) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: A, Financials: B, and AI: C.
Taskus (NASDAQ:TASK) has a Due Diligence Score of 55, which is 19 points higher than the information technology service industry average of 36.
TASK passed 18 out of 33 due diligence checks and has strong fundamentals. Taskus has seen its stock return 21.82% over the past year, overperforming other information technology service stocks by 20 percentage points.
Taskus has an average 1 year
price target of $20.25, an upside of 45.06% from Taskus's current stock price of $13.96.
Taskus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Taskus, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.