According to Zen Score, the 3 best tool & accessory stocks to buy right now are:
1. Kennametal (NYSE:KMT)
Kennametal (NYSE:KMT) is the top tool & accessory stock with a Zen Score of 57, which is 21 points higher than the tool & accessory industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. Kennametal has seen its stock lose -3.18% over the past year, underperforming other tool & accessory stocks by -11 percentage points.
Kennametal has an average 1 year
price target of $23.75, a downside of -1.21% from Kennametal's current stock price of $24.04.
Kennametal stock has a consensus Sell recommendation according to Wall Street analysts. Of the 4 analysts covering Kennametal, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 50% have issued a Strong Sell.
2. Timken Co (NYSE:TKR)
Timken Co (NYSE:TKR) is the second best tool & accessory stock with a Zen Score of 51, which is 15 points higher than the tool & accessory industry average of 36. It passed 18 out of 38 due diligence checks and has strong fundamentals. Timken Co has seen its stock return 12.24% over the past year, overperforming other tool & accessory stocks by 4 percentage points.
Timken Co has an average 1 year
price target of $88.13, an upside of 3.7% from Timken Co's current stock price of $84.98.
Timken Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Timken Co, 37.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Lincoln Electric Holdings (NASDAQ:LECO)
Lincoln Electric Holdings (NASDAQ:LECO) is the third best tool & accessory stock with a Zen Score of 46, which is 10 points higher than the tool & accessory industry average of 36. It passed 17 out of 38 due diligence checks and has strong fundamentals. Lincoln Electric Holdings has seen its stock return 47.35% over the past year, overperforming other tool & accessory stocks by 39 percentage points.
Lincoln Electric Holdings has an average 1 year
price target of $234.67, an upside of 2.06% from Lincoln Electric Holdings's current stock price of $229.94.
Lincoln Electric Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Lincoln Electric Holdings, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 16.67% have issued a Strong Sell.