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 electrical equipment & part stocks to buy right now are:
1. Enersys (NYSE:ENS)
Enersys (NYSE:ENS) is the #1 top electrical equipment & part stock out of 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Enersys (NYSE:ENS) is: Value: A, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.
Enersys (NYSE:ENS) has a Due Diligence Score of 53, which is 27 points higher than the electrical equipment & part industry average of 26.
ENS passed 19 out of 38 due diligence checks and has strong fundamentals. Enersys has seen its stock lose -8.81% over the past year, overperforming other electrical equipment & part stocks by 16 percentage points.
Enersys has an average 1 year
price target of $115.00, an upside of 39.97% from Enersys's current stock price of $82.16.
Enersys stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Enersys, 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.
2. Espey Mfg & Electronics (NYSEMKT:ESP)
The Component Grade breakdown for Espey Mfg & Electronics (NYSEMKT:ESP) is: Value: A, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Espey Mfg & Electronics (NYSEMKT:ESP) has a Due Diligence Score of 47, which is 21 points higher than the electrical equipment & part industry average of 26.
ESP passed 17 out of 38 due diligence checks and has strong fundamentals. Espey Mfg & Electronics has seen its stock return 33.32% over the past year, overperforming other electrical equipment & part stocks by 58 percentage points.
3. Preformed Line Products Co (NASDAQ:PLPC)
The Component Grade breakdown for Preformed Line Products Co (NASDAQ:PLPC) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: A, and AI: B.
Preformed Line Products Co (NASDAQ:PLPC) has a Due Diligence Score of 38, which is 12 points higher than the electrical equipment & part industry average of 26.
PLPC passed 13 out of 38 due diligence checks and has average fundamentals. Preformed Line Products Co has seen its stock return 12.54% over the past year, overperforming other electrical equipment & part stocks by 37 percentage points.