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: B, Momentum: A, Sentiment: B, Safety: C, 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 205.34% over the past year, overperforming other semiconductor stocks by 174 percentage points.
Micron Technology has an average 1 year
price target of $294.81, an upside of 10.86% from Micron Technology's current stock price of $265.92.
Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 26 analysts covering Micron Technology, 65.38% have issued a Strong Buy rating, 30.77% have issued a Buy, 3.85% 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: C, Momentum: A, Sentiment: A, Safety: C, Financials: C, and AI: A.
Chipmos Technologies (NASDAQ:IMOS) has a Due Diligence Score of 37, which is 3 points higher than the semiconductor industry average of 34.
IMOS passed 14 out of 38 due diligence checks and has average fundamentals. Chipmos Technologies has seen its stock return 49.07% over the past year, overperforming other semiconductor stocks by 17 percentage points.
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: C, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: B.
Semtech (NASDAQ:SMTC) has a Due Diligence Score of 31, which is -3 points lower than the semiconductor industry average of 34. Although this number is below the industry average, our proven quant model rates SMTC as a "B".
SMTC passed 10 out of 33 due diligence checks and has average fundamentals. Semtech has seen its stock return 14.77% over the past year, underperforming other semiconductor stocks by -17 percentage points.
Semtech has an average 1 year
price target of $76.64, an upside of 5.03% from Semtech's current stock price of $72.97.
Semtech stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Semtech, 57.14% have issued a Strong Buy rating, 35.71% have issued a Buy, 7.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.