Markets

Insider Trading

Hedge Funds

Retirement

Opinion

10 Best Consumer Electronics Stocks To Buy

In this article, we discuss 10 best consumer electronics stocks to buy. If you want to see more stocks in this selection, check out 5 Best Consumer Electronics Stocks To Buy

The employment situation in the United States remains robust, and the labor market continues to be highly competitive. According to the latest report from the Labor Department, the unemployment rate stands at 3.5%, indicating a significant recovery as more individuals have returned to work following the Covid pandemic. However, retailers like Best Buy Co., Inc. (NYSE:BBY) have expressed a cautious outlook due to a decline in consumer spending in certain categories like consumer electronics. This shift in consumer behavior has resulted in reduced sales of non-essential items, as individuals prioritize spending on essential goods due to inflationary pressures. The company also laid off hundreds of employees as consumer spending patterns are changing swiftly. 

Similarly, CNBC reported that Foxconn, a major supplier for Apple Inc. (NASDAQ:AAPL), announced a 10% decrease in profit for 2022 and predicted a decline in consumer electronics demand for the entire year ahead. This downbeat sentiment is in line with Apple Inc. (NASDAQ:AAPL)’s own cautious expectations for consumer sales. During Apple’s first-quarter 2023 earnings report, Chief Financial Officer Luca Maestri said that they anticipated double-digit declines in Mac and iPad sales for the upcoming March quarter, compared to the previous year. However, the decline in iPhone sales is expected to be less significant in the March quarter compared to the December quarter. Foxconn plans to expand its operations beyond mainland China and has identified exploring new markets as a key priority for the company in 2023.

Despite the near-term outlook muted because of a global recession, the consumer electronics market is expected to witness sustained growth in the coming years, primarily driven by advancements in technology and rapidly changing consumer preferences. These factors will fuel innovation and competition within the industry. According to the Global Consumer Electronics Market report published by Reports Insights, the market achieved a value of $740.79 billion in 2022 and is projected to reach a market size of over $1063.39 billion by 2030, with a compound annual growth rate (CAGR) of 4.62%. The expansion of technologies is a key factor propelling the growth of the consumer electronics market. The increasing demand for compact wearable devices such as earbuds, smartwatches, and smart glasses is driving the growth further. Furthermore, the rising trend of remote work has led to increased adoption of computing devices, contributing to the growth of the consumer electronics market.

The consumer electronics industry is dominated by the highly profitable smartphone business, which holds a significant share of the overall market. Other notable submarkets include personal computers, televisions, and household appliances. Some of the best consumer electronics stocks to buy include Apple Inc. (NASDAQ:AAPL), Sony Group Corporation (NYSE:SONY), and Best Buy Co., Inc. (NYSE:BBY). 

Our Methodology 

We scanned Insider Monkey’s database of 943 hedge funds and picked the top 10 companies that operate in the consumer electronics sector with the highest number of hedge fund investors. These are the best consumer electronics stocks to buy according to hedge funds.

Best Consumer Electronics Stocks To Buy

10. Universal Electronics Inc. (NASDAQ:UEIC)

Number of Hedge Fund Holders: 7

Universal Electronics Inc. (NASDAQ:UEIC) is involved in the creation, advancement, production, and distribution of pre-programmed and versatile control devices, as well as audio-video accessories. The company also specializes in intelligent wireless security systems and smart home products catering to video services, consumer electronics, security, home automation, climate control, and home appliance markets. 

On March 15, investment advisory Sidoti upgraded Universal Electronics Inc. (NASDAQ:UEIC) to Buy from Neutral with a $16 price target. Analyst Gregory Burns issued the ratings update. 

According to Insider Monkey’s fourth quarter database, 7 hedge funds were bullish on Universal Electronics Inc. (NASDAQ:UEIC), with collective stakes worth $10 million, compared to 6 funds in the prior quarter worth $4.8 million. Ken Griffin’s Citadel Investment Group is the largest stakeholder of the company, with 75,289 shares worth $1.56 million. 

Like Apple Inc. (NASDAQ:AAPL), Sony Group Corporation (NYSE:SONY), and Best Buy Co., Inc. (NYSE:BBY), Universal Electronics Inc. (NASDAQ:UEIC) is one of the best consumer electronics stocks to buy. 

Carillon Tower Advisers made the following comment about Universal Electronics Inc. (NASDAQ:UEIC) in its Q3 2022 investor letter:

“Universal Electronics Inc. (NASDAQ:UEIC) designs and manufactures wireless universal control solutions for home entertainment and smart home devices. The stock was pressured after management gave forward guidance that came in below investor expectations. Despite a number of design wins within its heating, ventilation, and air conditioning and home-automation product lines, the company’s shares have been pressured as it continues to be plagued by component shortages as well as persistent logistical issues at some of its largest customers.”

9. VOXX International Corporation (NASDAQ:VOXX)

Number of Hedge Fund Holders: 8

VOXX International Corporation (NASDAQ:VOXX) is engaged in the design, production, and global distribution of automotive electronics, consumer electronics, and biometric products. The company’s operations span across the United States, Europe, and other international markets. On January 9, VOXX International Corporation (NASDAQ:VOXX) reported a FQ3 GAAP EPS of $0.30, beating Wall Street estimates by $0.20. It is one of the best consumer electronics stocks to invest in. 

On October 13, DA Davidson analyst Tom Forte maintained a Buy rating on VOXX International Corporation (NASDAQ:VOXX) but lowered the firm’s price target on the shares to $10 from $16. Forte said this adjustment was due to VOXX International Corporation (NASDAQ:VOXX)’s Q2 earnings falling short of expectations, which he attributed to a challenging sales environment. Despite these near-term challenges, the analyst was optimistic about Voxx’s long-term prospects. He believes that the company’s partnership with Amazon in automotive efforts, the introduction of related products, and strategic mergers and acquisitions serve as catalysts for future growth.

According to Insider Monkey’s fourth quarter database, 8 hedge funds held stakes worth $31.3 million in VOXX International Corporation (NASDAQ:VOXX), compared to 5 funds in the prior quarter worth $29.5 million. Irving Kahn’s Kahn Brothers is the biggest stakeholder of the company, with 3 million shares worth $25.2 million.

8. Vuzix Corporation (NASDAQ:VUZI)

Number of Hedge Fund Holders: 9

Vuzix Corporation (NASDAQ:VUZI) designs, manufactures, markets, and sells wearable display and computing devices for augmented reality purposes. These devices cater to both consumer and enterprise markets and are distributed in North America, Europe, the Asia-Pacific region, and other international markets. 

Vuzix Corporation (NASDAQ:VUZI) reported that its sales in Q1 2023 exceeded $4 million, which represents a growth of over 60% compared to the revenues of $2.5 million generated in the first quarter of the previous year. This performance surpassed the consensus revenue estimate of $3.7 million. It is one of the top consumer electronics stocks to invest in. 

According to Insider Monkey’s fourth quarter database, 9 hedge funds were long Vuzix Corporation (NASDAQ:VUZI), compared to 5 funds in the prior quarter. Cathie Wood’s ARK Investment Management is the largest stakeholder of the company, with 6.47 million shares worth $23.5 million. 

7. VIZIO Holding Corp. (NYSE:VZIO)

Number of Hedge Fund Holders: 11

VIZIO Holding Corp. (NYSE:VZIO) offers smart TVs, soundbars, and related accessories within the United States. The company also operates Platform+, which includes SmartCast, an operating system for smart TVs that enables a comprehensive home entertainment solution. On February 28, VIZIO Holding Corp. (NYSE:VZIO) reported a Q4 GAAP EPS of $0.03 and a revenue of $533.5 million, outperforming Wall Street estimates by $0.01 and $29.26 million, respectively. 

On March 31, Morgan Stanley analyst Benjamin Swinburne maintained an Equal Weight rating on VIZIO Holding Corp. (NYSE:VZIO) and reduced the price target on the shares from $13 to $12. The firm anticipates that the first quarter will represent the lowest point for ad revenue growth. However, due to ongoing challenges in the advertising industry, it has adjusted its overall estimates downward.

According to Insider Monkey’s fourth quarter database, 11 hedge funds held stakes worth $11.7 million in VIZIO Holding Corp. (NYSE:VZIO), compared to 10 funds in the prior quarter worth $10.1 million. Raffi Tokatlian’s Ararat Capital is the biggest stakeholder of the company, with 739,472 shares worth $5.4 million. 

In addition to Apple Inc. (NASDAQ:AAPL), Sony Group Corporation (NYSE:SONY), and Best Buy Co., Inc. (NYSE:BBY), VIZIO Holding Corp. (NYSE:VZIO) is one of the top consumer electronics stocks to invest in. 

Here is what Argosy Investors has to say about VIZIO Holding Corp. (NYSE:VZIO) in its Q1 2022 investor letter:

“Reviewing Vizio (NYSE:VZIO), we purchased it quite recently and it has declined precipitously in our brief period of ownership. They have an explicit strategy to sacrifice gross margins from their TVs to further develop the audience for their smart TV offering, a competitor to Roku. I purchased the shares expecting the thesis to play out over a number of years, so I intend to monitor the company and its results as we move forward. Their first quarter results reflected strength in their Platform (Smart TV) segment, which will be their primary source of profit going forward. Further, the news that Netflix and other streaming companies are considering subscriptions that include advertising is positive news. In some ways, what is old is new again, as this development is somewhat of a return to the dual-revenue-stream model cable TV channels use. The shift towards more streaming programming including advertisements is a positive for Vizio, since they may be able to monetize the ads directly or indirectly. I’ll keep you posted on their progress.”

6. Turtle Beach Corporation (NASDAQ:HEAR)

Number of Hedge Fund Holders: 13

Turtle Beach Corporation (NASDAQ:HEAR) is an audio technology company that operates globally. The company specializes in developing, selling, and marketing gaming headsets and gaming consoles. These products are sold under the Turtle Beach brand. The company also offers gaming accessories, such as keyboards and mice, under the ROCCAT brand. On March 13, Turtle Beach Corporation (NASDAQ:HEAR) announced that its board has authorized an extension of the share repurchase program for an additional two years, now running until April 9, 2025. The program allows the company to repurchase up to $25 million worth of its common stock.

On April 25, Roth MKM maintained a Buy rating on Turtle Beach Corporation (NASDAQ:HEAR) and set a price target of $16 in anticipation of the company’s Q1 results. The firm suggests that revenue is expected to experience a slight decline, as recent data indicates stagnant U.S. retail sales of gaming accessories compared to the previous year. Furthermore, there is continued pressure in the European market. However, Roth MKM expects sales growth for Turtle Beach Corporation (NASDAQ:HEAR) to pick up after Q1, projecting a 15% increase in full-year sales and a $20 million improvement in adjusted EBITDA. Additionally, the influence of activists could potentially trigger actions aimed at maximizing shareholder value, the firm told investors. 

According to Insider Monkey’s fourth quarter database, 13 hedge funds were bullish on Turtle Beach Corporation (NASDAQ:HEAR), compared to 18 funds in the last quarter. Sander Gerber’s Hudson Bay Capital Management is the largest stakeholder of the company, with 916,165 shares worth $6.5 million. 

Click to continue reading and see 5 Best Consumer Electronics Stocks To Buy

Suggested articles:

Disclosure: None. 10 Best Consumer Electronics Stocks To Buy is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

The best part? You can discover everything about this company and its groundbreaking technology right now.

I’ve compiled everything you need to know about this groundbreaking company in a detailed, members-only report.

Trust me — you’ll want to read this report before putting another dollar into any tech stock.

For a ridiculously low price of just $9.99 a month, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

If you’re thinking about getting in, don’t wait – because once Wall Street catches wind of this story, the easy money will be gone.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99 a month.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!