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: A, Sentiment: A, Safety: D, Financials: A, and AI: C.
Micron Technology (NASDAQ:MU) has a Due Diligence Score of 66, which is 30 points higher than the semiconductor industry average of 36.
MU passed 26 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 836.54% over the past year, overperforming other semiconductor stocks by 708 percentage points.
Micron Technology has an average 1 year
price target of $1,339.63, an upside of 16.97% from Micron Technology's current stock price of $1,145.28.
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: B, Safety: D, Financials: A, and AI: B.
Broadcom (NASDAQ:AVGO) has a Due Diligence Score of 56, which is 20 points higher than the semiconductor industry average of 36.
AVGO passed 22 out of 38 due diligence checks and has strong fundamentals. Broadcom has seen its stock return 37.04% over the past year, underperforming other semiconductor stocks by -92 percentage points.
Broadcom has an average 1 year
price target of $513.68, an upside of 37.92% from Broadcom's current stock price of $372.45.
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. Nvidia (NASDAQ:NVDA)
Nvidia (NASDAQ:NVDA) is the #3 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 Nvidia (NASDAQ:NVDA) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: D, Financials: A, and AI: B.
Nvidia (NASDAQ:NVDA) has a Due Diligence Score of 76, which is 40 points higher than the semiconductor industry average of 36.
NVDA passed 30 out of 38 due diligence checks and has strong fundamentals. Nvidia has seen its stock return 26.65% over the past year, underperforming other semiconductor stocks by -102 percentage points.
Nvidia has an average 1 year
price target of $318.81, an upside of 63.52% from Nvidia's current stock price of $194.97.
Nvidia stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 26 analysts covering Nvidia, 69.23% have issued a Strong Buy rating, 30.77% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.