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 stocks to buy right now are:
1. Micron Technology (NASDAQ:MU)
The Component Grade breakdown for Micron Technology (NASDAQ:MU) is: Value: A, Growth: A, Momentum: B, Sentiment: A, Safety: D, Financials: A, and AI: C.
Micron Technology (NASDAQ:MU) has a Due Diligence Score of 59, which is 25 points higher than the semiconductor industry average of 34.
MU passed 22 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 288.81% over the past year, overperforming other semiconductor stocks by 219 percentage points.
Micron Technology has an average 1 year
price target of $499.00, an upside of 47.7% from Micron Technology's current stock price of $337.84.
Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Micron Technology, 68% have issued a Strong Buy rating, 28% have issued a Buy, 4% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Chipmos Technologies (NASDAQ:IMOS)
The Component Grade breakdown for Chipmos Technologies (NASDAQ:IMOS) is: Value: C, Growth: B, Momentum: A, Sentiment: B, Safety: C, Financials: C, and AI: A.
Chipmos Technologies (NASDAQ:IMOS) has a Due Diligence Score of 27, which is -7 points lower than the semiconductor industry average of 34. Although this number is below the industry average, our proven quant model rates IMOS as a "A".
IMOS passed 9 out of 38 due diligence checks and has average fundamentals. Chipmos Technologies has seen its stock return 112.47% over the past year, overperforming other semiconductor stocks by 43 percentage points.
3. Silicon Motion Technology (NASDAQ:SIMO)
The Component Grade breakdown for Silicon Motion Technology (NASDAQ:SIMO) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Silicon Motion Technology (NASDAQ:SIMO) has a Due Diligence Score of 68, which is 34 points higher than the semiconductor industry average of 34.
SIMO passed 25 out of 38 due diligence checks and has strong fundamentals. Silicon Motion Technology has seen its stock return 122.09% over the past year, overperforming other semiconductor stocks by 52 percentage points.
Silicon Motion Technology has an average 1 year
price target of $134.00, an upside of 19.33% from Silicon Motion Technology's current stock price of $112.29.
Silicon Motion Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Silicon Motion Technology, 60% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.