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 luxury good stocks to buy right now are:
1. Tapestry (NYSE:TPR)
Tapestry (NYSE:TPR) is the #1 top luxury stock out of 12 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
Learn more.
The Component Grade breakdown for Tapestry (NYSE:TPR) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: B.
Tapestry (NYSE:TPR) has a Due Diligence Score of 48, which is 25 points higher than the luxury industry average of 23.
TPR passed 18 out of 38 due diligence checks and has strong fundamentals. Tapestry has seen its stock return 52.05% over the past year, overperforming other luxury stocks by 68 percentage points.
Tapestry has an average 1 year
price target of $82.41, an upside of 12.71% from Tapestry's current stock price of $73.12.
Tapestry stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Tapestry, 52.94% have issued a Strong Buy rating, 23.53% have issued a Buy, 23.53% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Therealreal (NASDAQ:REAL)
The Component Grade breakdown for Therealreal (NASDAQ:REAL) is: Value: D, Growth: A, Momentum: C, Sentiment: A, Safety: D, Financials: C, and AI: C.
Therealreal (NASDAQ:REAL) has a Due Diligence Score of 9, which is -14 points lower than the luxury industry average of 23. Although this number is below the industry average, our proven quant model rates REAL as a "B".
REAL passed 3 out of 33 due diligence checks and has weak fundamentals. Therealreal has seen its stock return 70.68% over the past year, overperforming other luxury stocks by 87 percentage points.
Therealreal has an average 1 year
price target of $12.17, an upside of 95.3% from Therealreal's current stock price of $6.23.
Therealreal stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Therealreal, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Movado Group (NYSE:MOV)
Movado Group (NYSE:MOV) is the #3 top luxury stock out of 12 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
Learn more.
The Component Grade breakdown for Movado Group (NYSE:MOV) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Movado Group (NYSE:MOV) has a Due Diligence Score of 51, which is 28 points higher than the luxury industry average of 23.
MOV passed 18 out of 38 due diligence checks and has strong fundamentals. Movado Group has seen its stock lose -33.72% over the past year, underperforming other luxury stocks by -17 percentage points.
Movado Group has an average 1 year
price target of $31.50, an upside of 78.88% from Movado Group's current stock price of $17.61.
Movado Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Movado Group, 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.