According to Zen Score, the 3 best semiconductor stocks to buy right now are:
1. Rambus (NASDAQ:RMBS)
Rambus (NASDAQ:RMBS) is the top semiconductor stock with a Zen Score of 70, which is 39 points higher than the semiconductor industry average of 31. It passed 22 out of 33 due diligence checks and has strong fundamentals. Rambus has seen its stock return 17.45% over the past year, underperforming other semiconductor stocks by -26 percentage points.
Rambus has an average 1 year
price target of $85.00, an upside of 49.25% from Rambus's current stock price of $56.95.
Rambus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Rambus, 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. Skyworks Solutions (NASDAQ:SWKS)
Skyworks Solutions (NASDAQ:SWKS) is the second best semiconductor stock with a Zen Score of 57, which is 26 points higher than the semiconductor industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Skyworks Solutions has seen its stock lose -12.79% over the past year, underperforming other semiconductor stocks by -56 percentage points.
Skyworks Solutions has an average 1 year
price target of $105.46, an upside of 14.9% from Skyworks Solutions's current stock price of $91.78.
Skyworks Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Skyworks Solutions, 36.36% have issued a Strong Buy rating, 0% have issued a Buy, 54.55% have issued a hold, while 0% have issued a Sell rating, and 9.09% have issued a Strong Sell.
3. Advanced Micro Devices (NASDAQ:AMD)
Advanced Micro Devices (NASDAQ:AMD) is the third best semiconductor stock with a Zen Score of 56, which is 25 points higher than the semiconductor industry average of 31. It passed 18 out of 33 due diligence checks and has strong fundamentals. Advanced Micro Devices has seen its stock return 63.91% over the past year, overperforming other semiconductor stocks by 20 percentage points.
Advanced Micro Devices has an average 1 year
price target of $196.96, an upside of 26.44% from Advanced Micro Devices's current stock price of $155.78.
Advanced Micro Devices stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 27 analysts covering Advanced Micro Devices, 74.07% have issued a Strong Buy rating, 14.81% have issued a Buy, 11.11% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.