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. Qorvo (NASDAQ:QRVO)
Qorvo (NASDAQ:QRVO) 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.
Learn more.
The Component Grade breakdown for Qorvo (NASDAQ:QRVO) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: B.
Qorvo (NASDAQ:QRVO) has a Due Diligence Score of 36, which is 6 points higher than the semiconductor industry average of 30.
QRVO passed 11 out of 33 due diligence checks and has average fundamentals. Qorvo has seen its stock lose -30.22% over the past year, underperforming other semiconductor stocks by -29 percentage points.
Qorvo has an average 1 year
price target of $99.10, an upside of 18.54% from Qorvo's current stock price of $83.60.
Qorvo stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Qorvo, 20% have issued a Strong Buy rating, 10% have issued a Buy, 70% 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.
Learn more.
The Component Grade breakdown for Cirrus Logic (NASDAQ:CRUS) is: Value: A, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: B.
Cirrus Logic (NASDAQ:CRUS) has a Due Diligence Score of 50, which is 20 points higher than the semiconductor industry average of 30.
CRUS passed 15 out of 33 due diligence checks and has strong fundamentals. Cirrus Logic has seen its stock lose -22.82% over the past year, underperforming other semiconductor stocks by -22 percentage points.
Cirrus Logic has an average 1 year
price target of $109.00, an upside of 8.23% from Cirrus Logic's current stock price of $100.71.
Cirrus Logic stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Cirrus Logic, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% 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.
Learn more.
The Component Grade breakdown for Semtech (NASDAQ:SMTC) is: Value: C, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Semtech (NASDAQ:SMTC) has a Due Diligence Score of 16, which is -14 points lower than the semiconductor industry average of 30. 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 return 61.1% over the past year, overperforming other semiconductor stocks by 62 percentage points.
Semtech has an average 1 year
price target of $55.57, an upside of 8.75% from Semtech's current stock price of $51.10.
Semtech stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Semtech, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.