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: B, Growth: A, Momentum: B, Sentiment: A, Safety: D, Financials: A, and AI: C.
Micron Technology (NASDAQ:MU) has a Due Diligence Score of 66, which is 31 points higher than the semiconductor industry average of 35.
MU passed 26 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 753.9% over the past year, overperforming other semiconductor stocks by 629 percentage points.
Micron Technology has an average 1 year
price target of $1,339.63, an upside of 29.77% from Micron Technology's current stock price of $1,032.28.
Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 27 analysts covering Micron Technology, 66.67% have issued a Strong Buy rating, 25.93% have issued a Buy, 7.41% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Broadcom (NASDAQ:AVGO)
Broadcom (NASDAQ:AVGO) is the #2 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.
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The Component Grade breakdown for Broadcom (NASDAQ:AVGO) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: D, Financials: A, and AI: B.
Broadcom (NASDAQ:AVGO) has a Due Diligence Score of 56, which is 21 points higher than the semiconductor industry average of 35.
AVGO passed 22 out of 38 due diligence checks and has strong fundamentals. Broadcom has seen its stock return 39.51% over the past year, underperforming other semiconductor stocks by -85 percentage points.
Broadcom has an average 1 year
price target of $513.68, an upside of 39.08% from Broadcom's current stock price of $369.34.
Broadcom stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 22 analysts covering Broadcom, 68.18% have issued a Strong Buy rating, 18.18% have issued a Buy, 13.64% 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 43, which is 8 points higher than the semiconductor industry average of 35.
LSCC passed 14 out of 33 due diligence checks and has strong fundamentals. Lattice Semiconductor has seen its stock return 191.78% over the past year, overperforming other semiconductor stocks by 67 percentage points.
Lattice Semiconductor has an average 1 year
price target of $145.91, a downside of -0.27% from Lattice Semiconductor's current stock price of $146.30.
Lattice Semiconductor stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Lattice Semiconductor, 72.73% have issued a Strong Buy rating, 27.27% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.