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.
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The Component Grade breakdown for Tapestry (NYSE:TPR) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: C.
Tapestry (NYSE:TPR) has a Due Diligence Score of 50, which is 28 points higher than the luxury industry average of 22.
TPR passed 19 out of 38 due diligence checks and has strong fundamentals. Tapestry has seen its stock return 70.91% over the past year, overperforming other luxury stocks by 89 percentage points.
Tapestry has an average 1 year
price target of $85.60, an upside of 22.22% from Tapestry's current stock price of $70.04.
Tapestry stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Tapestry, 53.33% have issued a Strong Buy rating, 26.67% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Fossil Group (NASDAQ:FOSL)
The Component Grade breakdown for Fossil Group (NASDAQ:FOSL) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Fossil Group (NASDAQ:FOSL) has a Due Diligence Score of 14, which is -8 points lower than the luxury industry average of 22.
FOSL passed 4 out of 33 due diligence checks and has weak fundamentals. Fossil Group has seen its stock return 29.65% over the past year, overperforming other luxury stocks by 47 percentage points.
3. Therealreal (NASDAQ:REAL)
The Component Grade breakdown for Therealreal (NASDAQ:REAL) is: Value: D, Growth: A, Momentum: C, Sentiment: C, Safety: D, Financials: C, and AI: C.
Therealreal (NASDAQ:REAL) has a Due Diligence Score of 9, which is -13 points lower than the luxury industry average of 22.
REAL passed 3 out of 33 due diligence checks and has weak fundamentals. Therealreal has seen its stock return 54.81% over the past year, overperforming other luxury stocks by 72 percentage points.
Therealreal has an average 1 year
price target of $12.17, an upside of 104.14% from Therealreal's current stock price of $5.96.
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.