According to Zen Score, the 3 best semiconductor material stocks to buy right now are:
1. Axcelis Technologies (NASDAQ:ACLS)
Axcelis Technologies (NASDAQ:ACLS) is the top semiconductor equipment stock with a Zen Score of 63, which is 25 points higher than the semiconductor equipment industry average of 38. It passed 20 out of 33 due diligence checks and has strong fundamentals. Axcelis Technologies has seen its stock lose -20.56% over the past year, underperforming other semiconductor equipment stocks by -69 percentage points.
Axcelis Technologies has an average 1 year
price target of $165.00, an upside of 62.21% from Axcelis Technologies's current stock price of $101.72.
Axcelis Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Axcelis Technologies, 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.
2. Teradyne (NASDAQ:TER)
Teradyne (NASDAQ:TER) is the second best semiconductor equipment stock with a Zen Score of 57, which is 19 points higher than the semiconductor equipment industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Teradyne has seen its stock return 4.04% over the past year, underperforming other semiconductor equipment stocks by -44 percentage points.
Teradyne has an average 1 year
price target of $109.58, an upside of 7.36% from Teradyne's current stock price of $102.07.
Teradyne stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Teradyne, 16.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 41.67% have issued a hold, while 8.33% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Photronics (NASDAQ:PLAB)
Photronics (NASDAQ:PLAB) is the third best semiconductor equipment stock with a Zen Score of 56, which is 18 points higher than the semiconductor equipment industry average of 38. It passed 17 out of 33 due diligence checks and has strong fundamentals. Photronics has seen its stock return 72.1% over the past year, overperforming other semiconductor equipment stocks by 24 percentage points.