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 tool & accessory stocks to buy right now are:
1. Eastern Co (NASDAQ:EML)
Eastern Co (NASDAQ:EML) is the #1 top tool & accessory stock out of 10 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Eastern Co (NASDAQ:EML) is: Value: A, Growth: D, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.
Eastern Co (NASDAQ:EML) has a Due Diligence Score of 16, which is -21 points lower than the tool & accessory industry average of 37. Although this number is below the industry average, our proven quant model rates EML as a "B".
EML passed 6 out of 38 due diligence checks and has weak fundamentals. Eastern Co has seen its stock lose -33.97% over the past year, underperforming other tool & accessory stocks by -33 percentage points.
2. Stanley Black & Decker (NYSE:SWK)
The Component Grade breakdown for Stanley Black & Decker (NYSE:SWK) is: Value: B, Growth: B, Momentum: D, Sentiment: C, Safety: C, Financials: C, and AI: C.
Stanley Black & Decker (NYSE:SWK) has a Due Diligence Score of 43, which is 6 points higher than the tool & accessory industry average of 37.
SWK passed 15 out of 38 due diligence checks and has strong fundamentals. Stanley Black & Decker has seen its stock lose -34.33% over the past year, underperforming other tool & accessory stocks by -33 percentage points.
Stanley Black & Decker has an average 1 year
price target of $104.50, an upside of 74.11% from Stanley Black & Decker's current stock price of $60.02.
Stanley Black & Decker stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Stanley Black & Decker, 50% have issued a Strong Buy rating, 16.67% 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. Hillman Solutions (NASDAQ:HLMN)
The Component Grade breakdown for Hillman Solutions (NASDAQ:HLMN) is: Value: C, Growth: B, Momentum: C, Sentiment: D, Safety: B, Financials: C, and AI: C.
Hillman Solutions (NASDAQ:HLMN) has a Due Diligence Score of 37, which is equal to the tool & accessory industry average of 37.
HLMN passed 12 out of 33 due diligence checks and has average fundamentals. Hillman Solutions has seen its stock lose -26.88% over the past year, underperforming other tool & accessory stocks by -26 percentage points.
Hillman Solutions has an average 1 year
price target of $10.67, an upside of 52.6% from Hillman Solutions's current stock price of $6.99.
Hillman Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Hillman Solutions, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.