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 20 points higher than the tool & accessory industry average of 37. It passed 20 out of 38 due diligence checks and has strong fundamentals. Kennametal has seen its stock return 0.19% over the past year, underperforming other tool & accessory stocks by -10 percentage points.
Kennametal has an average 1 year
price target of $24.33, a downside of -6.27% from Kennametal's current stock price of $25.96.
Kennametal stock has a consensus Sell recommendation according to Wall Street analysts. Of the 3 analysts covering Kennametal, 0% 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 33.33% 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 Zen Score of 51, which is 14 points higher than the tool & accessory industry average of 37. It passed 19 out of 38 due diligence checks and has strong fundamentals. Lincoln Electric Holdings has seen its stock return 41.63% over the past year, overperforming other tool & accessory stocks by 32 percentage points.
Lincoln Electric Holdings has an average 1 year
price target of $239.60, an upside of 0.64% from Lincoln Electric Holdings's current stock price of $238.07.
Lincoln Electric Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Lincoln Electric Holdings, 40% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.
3. Timken Co (NYSE:TKR)
Timken Co (NYSE:TKR) is the third best tool & accessory stock with a Zen Score of 50, which is 13 points higher than the tool & accessory industry average of 37. It passed 17 out of 38 due diligence checks and has strong fundamentals. Timken Co has seen its stock return 24.55% over the past year, overperforming other tool & accessory stocks by 15 percentage points.
Timken Co has an average 1 year
price target of $89.33, a downside of -2.61% from Timken Co's current stock price of $91.73.
Timken Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Timken Co, 33.33% have issued a Strong Buy rating, 11.11% have issued a Buy, 55.56% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.