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: A, Momentum: B, Sentiment: A, Safety: D, 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 291.86% over the past year, overperforming other semiconductor stocks by 232 percentage points.
Micron Technology has an average 1 year
price target of $502.40, an upside of 40.64% from Micron Technology's current stock price of $357.22.
Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Micron Technology, 68% have issued a Strong Buy rating, 28% have issued a Buy, 4% 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: B, Momentum: A, Sentiment: B, Safety: C, Financials: C, and AI: A.
Chipmos Technologies (NASDAQ:IMOS) has a Due Diligence Score of 24, which is -10 points lower than the semiconductor industry average of 34. Although this number is below the industry average, our proven quant model rates IMOS as a "A".
IMOS passed 8 out of 38 due diligence checks and has weak fundamentals. Chipmos Technologies has seen its stock return 98.12% over the past year, overperforming other semiconductor stocks by 38 percentage points.
3. Silicon Motion Technology (NASDAQ:SIMO)
The Component Grade breakdown for Silicon Motion Technology (NASDAQ:SIMO) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Silicon Motion Technology (NASDAQ:SIMO) has a Due Diligence Score of 71, which is 37 points higher than the semiconductor industry average of 34.
SIMO passed 26 out of 38 due diligence checks and has strong fundamentals. Silicon Motion Technology has seen its stock return 113.21% over the past year, overperforming other semiconductor stocks by 53 percentage points.
Silicon Motion Technology has an average 1 year
price target of $134.00, an upside of 21.75% from Silicon Motion Technology's current stock price of $110.06.
Silicon Motion Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Silicon Motion Technology, 60% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.