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 technology stocks to buy right now are:
1. Riskified (NYSE:RSKD)
Riskified (NYSE:RSKD) is the #1 top tech stock out of 784 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Riskified (NYSE:RSKD) is: Value: C, Growth: A, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: B.
Riskified (NYSE:RSKD) has a Due Diligence Score of 30, which is -3 points lower than the tech sector average of 33. Although this number is below the industry average, our proven quant model rates RSKD as a "A".It passed 9 out of 33 due diligence checks and has average fundamentals. Riskified has seen its stock return 43.03% over the past year, overperforming other tech stocks by 126 percentage points.
Riskified has an average 1 year
price target of $6.60, an upside of 10.92% from Riskified's current stock price of $5.95.
Riskified stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Riskified, 40% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a Hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.
2. Sk Hynix (NASDAQ:SKHY)
Sk Hynix (NASDAQ:SKHY) is the #2 top tech stock out of 784 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Sk Hynix (NASDAQ:SKHY) is: Value: A, Growth: B, Momentum: C, Sentiment: A, Safety: D, Financials: A, and AI: B.
Sk Hynix (NASDAQ:SKHY) has a Due Diligence Score of 11, which is -22 points lower than the tech sector average of 33. Although this number is below the industry average, our proven quant model rates SKHY as a "A".It passed 3 out of 33 due diligence checks and has weak fundamentals.
Sk Hynix has an average 1 year
price target of $245.50, an upside of 50.54% from Sk Hynix's current stock price of $163.08.
Sk Hynix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Sk Hynix, 55.56% have issued a Strong Buy rating, 44.44% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Kulicke & Soffa Industries (NASDAQ:KLIC)
The Component Grade breakdown for Kulicke & Soffa Industries (NASDAQ:KLIC) is: Value: B, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.
Kulicke & Soffa Industries (NASDAQ:KLIC) has a Due Diligence Score of 54, which is 21 points higher than the tech sector average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Kulicke & Soffa Industries has seen its stock return 137.2% over the past year, overperforming other tech stocks by 220 percentage points.
Kulicke & Soffa Industries has an average 1 year
price target of $115.00, an upside of 35.09% from Kulicke & Soffa Industries's current stock price of $85.13.
Kulicke & Soffa Industries stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Kulicke & Soffa Industries, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.