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 oil & gas equipment & service stocks to buy right now are:
1. Ncs Multistage Holdings (NASDAQ:NCSM)
The Component Grade breakdown for Ncs Multistage Holdings (NASDAQ:NCSM) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.
Ncs Multistage Holdings (NASDAQ:NCSM) has a Due Diligence Score of 45, which is 7 points higher than the oil & gas equipment & service industry average of 38.
NCSM passed 14 out of 33 due diligence checks and has strong fundamentals. Ncs Multistage Holdings has seen its stock return 79.94% over the past year, overperforming other oil & gas equipment & service stocks by 108 percentage points.
2. Smart Sand (NASDAQ:SND)
Smart Sand (NASDAQ:SND) is the #2 top oil & gas equipment & service stock out of 48 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 Smart Sand (NASDAQ:SND) is: Value: B, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: A.
Smart Sand (NASDAQ:SND) has a Due Diligence Score of 29, which is -9 points lower than the oil & gas equipment & service industry average of 38. Although this number is below the industry average, our proven quant model rates SND as a "A".
SND passed 10 out of 38 due diligence checks and has average fundamentals. Smart Sand has seen its stock return 0.48% over the past year, overperforming other oil & gas equipment & service stocks by 29 percentage points.
3. Flotek Industries (NYSE:FTK)
Flotek Industries (NYSE:FTK) is the #3 top oil & gas equipment & service stock out of 48 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 Flotek Industries (NYSE:FTK) is: Value: C, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Flotek Industries (NYSE:FTK) has a Due Diligence Score of 44, which is 6 points higher than the oil & gas equipment & service industry average of 38.
FTK passed 14 out of 33 due diligence checks and has strong fundamentals. Flotek Industries has seen its stock return 102.33% over the past year, overperforming other oil & gas equipment & service stocks by 131 percentage points.
Flotek Industries has an average 1 year
price target of $8.00, an upside of 14.94% from Flotek Industries's current stock price of $6.96.
Flotek Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Flotek Industries, 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.