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. Rambus (NASDAQ:RMBS)
Rambus (NASDAQ:RMBS) is the #1 top semiconductor stock out of 68 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Rambus (NASDAQ:RMBS) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: C.
Rambus (NASDAQ:RMBS) has a Due Diligence Score of 59, which is 28 points higher than the semiconductor industry average of 31.
RMBS passed 19 out of 33 due diligence checks and has strong fundamentals. Rambus has seen its stock lose -7.81% over the past year, overperforming other semiconductor stocks by 4 percentage points.
Rambus has an average 1 year
price target of $78.25, an upside of 51.65% from Rambus's current stock price of $51.60.
Rambus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Rambus, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Cirrus Logic (NASDAQ:CRUS)
Cirrus Logic (NASDAQ:CRUS) is the #2 top semiconductor stock out of 68 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Cirrus Logic (NASDAQ:CRUS) is: Value: A, Growth: C, Momentum: D, Sentiment: B, Safety: C, Financials: A, and AI: B.
Cirrus Logic (NASDAQ:CRUS) has a Due Diligence Score of 50, which is 19 points higher than the semiconductor industry average of 31.
CRUS passed 15 out of 33 due diligence checks and has strong fundamentals. Cirrus Logic has seen its stock lose -4.57% over the past year, overperforming other semiconductor stocks by 7 percentage points.
Cirrus Logic has an average 1 year
price target of $116.75, an upside of 19.66% from Cirrus Logic's current stock price of $97.57.
Cirrus Logic stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Cirrus Logic, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Semtech (NASDAQ:SMTC)
Semtech (NASDAQ:SMTC) is the #3 top semiconductor stock out of 68 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Semtech (NASDAQ:SMTC) is: Value: C, Growth: A, Momentum: D, Sentiment: B, Safety: C, Financials: B, and AI: C.
Semtech (NASDAQ:SMTC) has a Due Diligence Score of 16, which is -15 points lower than the semiconductor industry average of 31. Although this number is below the industry average, our proven quant model rates SMTC as a "B".
SMTC passed 5 out of 33 due diligence checks and has weak fundamentals. Semtech has seen its stock lose -14.98% over the past year, underperforming other semiconductor stocks by -3 percentage points.
Semtech has an average 1 year
price target of $58.17, an upside of 67.48% from Semtech's current stock price of $34.73.
Semtech stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Semtech, 58.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 8.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.