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. Sk Hynix (NASDAQ:SKHY)
Sk Hynix (NASDAQ:SKHY) is the #1 top semiconductor stock out of 69 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
Learn more.
The Component Grade breakdown for Sk Hynix (NASDAQ:SKHY) is: Value: A, Growth: B, Momentum: C, Sentiment: A, Safety: D, Financials: A, and AI: C.
Sk Hynix (NASDAQ:SKHY) has a Due Diligence Score of 11, which is -27 points lower than the semiconductor industry average of 38. Although this number is below the industry average, our proven quant model rates SKHY as a "A".
SKHY passed 3 out of 33 due diligence checks and has weak fundamentals.
Sk Hynix has an average 1 year
price target of $245.50, an upside of 47.6% from Sk Hynix's current stock price of $166.33.
Sk Hynix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Sk Hynix, 55.56% have issued a Strong Buy rating, 44.44% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Micron Technology (NASDAQ:MU)
The Component Grade breakdown for Micron Technology (NASDAQ:MU) is: Value: B, Growth: A, Momentum: A, Sentiment: B, Safety: D, Financials: A, and AI: C.
Micron Technology (NASDAQ:MU) has a Due Diligence Score of 71, which is 33 points higher than the semiconductor industry average of 38.
MU passed 28 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 675.53% over the past year, overperforming other semiconductor stocks by 579 percentage points.
Micron Technology has an average 1 year
price target of $1,411.40, an upside of 45.26% from Micron Technology's current stock price of $971.66.
Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Micron Technology, 64% have issued a Strong Buy rating, 28% have issued a Buy, 8% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Lattice Semiconductor (NASDAQ:LSCC)
The Component Grade breakdown for Lattice Semiconductor (NASDAQ:LSCC) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: B, Financials: B, and AI: C.
Lattice Semiconductor (NASDAQ:LSCC) has a Due Diligence Score of 46, which is 8 points higher than the semiconductor industry average of 38.
LSCC passed 15 out of 33 due diligence checks and has strong fundamentals. Lattice Semiconductor has seen its stock return 105.29% over the past year, overperforming other semiconductor stocks by 9 percentage points.
Lattice Semiconductor has an average 1 year
price target of $163.89, an upside of 25.62% from Lattice Semiconductor's current stock price of $130.46.
Lattice Semiconductor stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Lattice Semiconductor, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.