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 semiconductor stocks to buy right now are:
1. Micron Technology (NASDAQ:MU)
The Component Grade breakdown for Micron Technology (NASDAQ:MU) is: Value: B, Growth: B, Momentum: A, Sentiment: B, Safety: C, Financials: B, and AI: C.
Micron Technology (NASDAQ:MU) has a Due Diligence Score of 53, which is 19 points higher than the semiconductor industry average of 34.
MU passed 19 out of 38 due diligence checks and has strong fundamentals. Micron Technology has seen its stock return 145.46% over the past year, overperforming other semiconductor stocks by 118 percentage points.
Micron Technology has an average 1 year
price target of $234.15, a downside of -2.9% from Micron Technology's current stock price of $241.14.
Micron Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 26 analysts covering Micron Technology, 61.54% have issued a Strong Buy rating, 30.77% have issued a Buy, 7.69% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Chipmos Technologies (NASDAQ:IMOS)
The Component Grade breakdown for Chipmos Technologies (NASDAQ:IMOS) is: Value: C, Growth: C, Momentum: A, Sentiment: A, Safety: C, Financials: C, and AI: A.
Chipmos Technologies (NASDAQ:IMOS) has a Due Diligence Score of 37, which is 3 points higher than the semiconductor industry average of 34.
IMOS passed 14 out of 38 due diligence checks and has average fundamentals. Chipmos Technologies has seen its stock return 53.4% over the past year, overperforming other semiconductor stocks by 26 percentage points.
3. Semtech (NASDAQ:SMTC)
Semtech (NASDAQ:SMTC) is the #3 top semiconductor stock out of 68 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Semtech (NASDAQ:SMTC) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: B.
Semtech (NASDAQ:SMTC) has a Due Diligence Score of 31, which is -3 points lower than the semiconductor industry average of 34. Although this number is below the industry average, our proven quant model rates SMTC as a "B".
SMTC passed 10 out of 33 due diligence checks and has average fundamentals. Semtech has seen its stock return 12.94% over the past year, underperforming other semiconductor stocks by -15 percentage points.
Semtech has an average 1 year
price target of $76.64, an upside of 5.15% from Semtech's current stock price of $72.89.
Semtech stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Semtech, 57.14% have issued a Strong Buy rating, 35.71% have issued a Buy, 7.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.