According to Due Diligence Score, the 3 best tool & accessory stocks to buy right now are:
1. Toro Co (NYSE:TTC)
Toro Co (NYSE:TTC) is the top tool & accessory stock with a Due Diligence Score of 55, which is 19 points higher than the tool & accessory industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. Toro Co has seen its stock return 5.54% over the past year, underperforming other tool & accessory stocks by -16 percentage points.
Toro Co has an average 1 year
price target of $93.33, an upside of 7.18% from Toro Co's current stock price of $87.08.
Toro Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Toro Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Lincoln Electric Holdings (NASDAQ:LECO)
Lincoln Electric Holdings (NASDAQ:LECO) is the second best tool & accessory stock with a Due Diligence Score of 52, which is 16 points higher than the tool & accessory industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Lincoln Electric Holdings has seen its stock return 11.59% over the past year, underperforming other tool & accessory stocks by -10 percentage points.
Lincoln Electric Holdings has an average 1 year
price target of $209.00, a downside of -4.34% from Lincoln Electric Holdings's current stock price of $218.48.
Lincoln Electric Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Lincoln Electric Holdings, 33.33% have issued a Strong Buy rating, 33.33% 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. Snap On (NYSE:SNA)
Snap On (NYSE:SNA) is the third best tool & accessory stock with a Due Diligence Score of 48, which is 12 points higher than the tool & accessory industry average of 36. It passed 17 out of 38 due diligence checks and has strong fundamentals. Snap On has seen its stock return 36% over the past year, overperforming other tool & accessory stocks by 14 percentage points.
Snap On has an average 1 year
price target of $345.40, a downside of -6.57% from Snap On's current stock price of $369.69.
Snap On stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Snap On, 20% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 20% have issued a Sell rating, and 0% have issued a Strong Sell.