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 72, which is 41 points higher than the semiconductor industry average of 31. It passed 23 out of 33 due diligence checks and has strong fundamentals. Rambus has seen its stock return 18.94% over the past year, underperforming other semiconductor stocks by -21 percentage points.
Rambus has an average 1 year
price target of $85.00, an upside of 51.57% from Rambus's current stock price of $56.08.
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. Analog Devices (NASDAQ:ADI)
Analog Devices (NASDAQ:ADI) is the second best semiconductor stock with a Zen Score of 58, which is 27 points higher than the semiconductor industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Analog Devices has seen its stock return 9.45% over the past year, underperforming other semiconductor stocks by -31 percentage points.
Analog Devices has an average 1 year
price target of $211.18, an upside of 5.79% from Analog Devices's current stock price of $199.63.
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.
3. Skyworks Solutions (NASDAQ:SWKS)
Skyworks Solutions (NASDAQ:SWKS) is the third best semiconductor stock with a Zen Score of 57, which is 26 points higher than the semiconductor industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Skyworks Solutions has seen its stock lose -12.08% over the past year, underperforming other semiconductor stocks by -52 percentage points.
Skyworks Solutions has an average 1 year
price target of $105.46, an upside of 13.99% from Skyworks Solutions's current stock price of $92.51.
Skyworks Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Skyworks Solutions, 36.36% have issued a Strong Buy rating, 0% have issued a Buy, 54.55% have issued a hold, while 0% have issued a Sell rating, and 9.09% have issued a Strong Sell.