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 semiconductor material stocks to buy right now are:
1. Photronics (NASDAQ:PLAB)
Photronics (NASDAQ:PLAB) is the #1 top semiconductor equipment stock out of 29 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 Photronics (NASDAQ:PLAB) is: Value: A, Growth: D, Momentum: C, Sentiment: B, Safety: A, Financials: C, and AI: B.
Photronics (NASDAQ:PLAB) has a Due Diligence Score of 47, which is 12 points higher than the semiconductor equipment industry average of 35.
PLAB passed 14 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock lose -2.23% over the past year, underperforming other semiconductor equipment stocks by -15 percentage points.
Photronics has an average 1 year
price target of $31.00, an upside of 35.91% from Photronics's current stock price of $22.81.
Photronics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Photronics, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Amkor Technology (NASDAQ:AMKR)
The Component Grade breakdown for Amkor Technology (NASDAQ:AMKR) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: A.
Amkor Technology (NASDAQ:AMKR) has a Due Diligence Score of 39, which is 4 points higher than the semiconductor equipment industry average of 35.
AMKR passed 13 out of 38 due diligence checks and has average fundamentals. Amkor Technology has seen its stock lose -15.33% over the past year, underperforming other semiconductor equipment stocks by -28 percentage points.
Amkor Technology has an average 1 year
price target of $24.83, a downside of -3.3% from Amkor Technology's current stock price of $25.68.
Amkor Technology stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Amkor Technology, 33.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Lam Research (NASDAQ:LRCX)
Lam Research (NASDAQ:LRCX) is the #3 top semiconductor equipment stock out of 29 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 Lam Research (NASDAQ:LRCX) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: A, and AI: B.
Lam Research (NASDAQ:LRCX) has a Due Diligence Score of 54, which is 19 points higher than the semiconductor equipment industry average of 35.
LRCX passed 20 out of 38 due diligence checks and has strong fundamentals. Lam Research has seen its stock return 57.17% over the past year, overperforming other semiconductor equipment stocks by 44 percentage points.
Lam Research has an average 1 year
price target of $107.14, a downside of -10.13% from Lam Research's current stock price of $119.21.
Lam Research stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 22 analysts covering Lam Research, 59.09% have issued a Strong Buy rating, 22.73% have issued a Buy, 13.64% have issued a hold, while 0% have issued a Sell rating, and 4.55% have issued a Strong Sell.