According to Zen Score, the 3 best semiconductor stocks to buy right now are:
1. Rambus (NASDAQ:RMBS)
Rambus (NASDAQ:RMBS) is the top semiconductor stock with a Zen Score of 67, which is 34 points higher than the semiconductor industry average of 33. It passed 21 out of 33 due diligence checks and has strong fundamentals. Rambus has seen its stock return 16.08% over the past year, underperforming other semiconductor stocks by -11 percentage points.
Rambus has an average 1 year
price target of $85.00, an upside of 50.6% from Rambus's current stock price of $56.44.
Rambus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Rambus, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. On Semiconductor (NASDAQ:ON)
On Semiconductor (NASDAQ:ON) is the second best semiconductor stock with a Zen Score of 61, which is 28 points higher than the semiconductor industry average of 33. It passed 19 out of 33 due diligence checks and has strong fundamentals. On Semiconductor has seen its stock lose -17.07% over the past year, underperforming other semiconductor stocks by -44 percentage points.
On Semiconductor has an average 1 year
price target of $83.31, an upside of 35.07% from On Semiconductor's current stock price of $61.68.
On Semiconductor stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering On Semiconductor, 43.75% have issued a Strong Buy rating, 12.5% have issued a Buy, 37.5% have issued a hold, while 6.25% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Analog Devices (NASDAQ:ADI)
Analog Devices (NASDAQ:ADI) is the third best semiconductor stock with a Zen Score of 58, which is 25 points higher than the semiconductor industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Analog Devices has seen its stock return 1.59% over the past year, underperforming other semiconductor stocks by -25 percentage points.
Analog Devices has an average 1 year
price target of $211.18, an upside of 11.19% from Analog Devices's current stock price of $189.93.
Analog Devices stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Analog Devices, 54.55% have issued a Strong Buy rating, 18.18% have issued a Buy, 27.27% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.