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7 Best Consumer Electronics Stocks to Buy Now

In this article, we will take a look at the 7 Best Consumer Electronics Stocks to Buy Now.

As consumers become more comfortable with technology in their daily lives, consumer electronics companies work to meet their ever-growing needs for leisure and entertainment. The global consumer electronics market has expanded substantially, according to Research and Markets, which estimates that it will reach $1.15 trillion by 2031 from its 2024 valuation of $755 billion.

That said, the future for the electronics sector remains mixed. The IDC currently projects that smartphone shipments will increase by just 0.6% to 1.24 billion units in 2025, while wearables and smart-home technology will continue to rise at a mid-single-digit rate. These overlaps characterize the emerging trends in consumer electronics, such as AI-powered personalization, digitally guided discovery, and buy now, pay later (BNPL) checkout.

In addition, according to reports, the Trump administration intends to levy tariffs on foreign electronics, with the cost determined by the quantity of chips in each product. The goal of the proposal is to put pressure on companies to move their manufacturing to the United States. In a statement to Reuters, White House spokesperson Kush Desai defended the push:

“America cannot be reliant on foreign imports for the semiconductor products that are essential for our national and economic security.”

Our Methodology

For our list of the best consumer electronics stocks to buy right now, we started with a list of stocks pulled from ETFs, stock screeners, and web rankings. We then utilized Insider Monkey’s Q2 2025 database to discover the best stocks held by hedge funds. The list is organized in ascending order of hedge fund sentiment around each stock.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

7. Vuzix Corporation (NASDAQ:VUZI)

Number of Hedge Fund Holders: 9

Vuzix Corporation (NASDAQ:VUZI) ranks among the best consumer electronics stocks to buy now. On September 29, Vuzix Corporation (NASDAQ:VUZI) revealed that a top U.S. defense contractor had awarded it a six-figure development order for customized waveguides. According to the company, the announcement is part of a growing number of defense programs that it is involved in. However, Vuzix Corporation (NASDAQ:VUZI) did not reveal the identity of the defense contractor or the waveguides’ estimated delivery date.

The deal signifies a growth in Vuzix’s market share in the defense industry, where the company’s see-through display technology and in-house production capacity have established it as a provider of military wearable display solutions.

Vuzix Corporation (NASDAQ:VUZI) designs, manufactures, and markets AI-powered smart glasses, waveguides, and AR technologies in North America, Europe, the Asia Pacific, and internationally.

6. Turtle Beach Corporation (NASDAQ:TBCH)

Number of Hedge Fund Holders: 10

Turtle Beach Corporation (NASDAQ:TBCH) ranks among the best consumer electronics stocks to buy now. On October 2, B. Riley issued a Buy rating on Turtle Beach Corporation (NASDAQ:TBCH), with analyst Drew Crum establishing a $21 price target for the company. The rating comes as B. Riley, citing several growth catalysts in the gaming sector, predicts that Turtle Beach Corporation (NASDAQ:TBCH) will reach record financial achievements in 2026 and beyond.

B. Riley emphasized Turtle Beach’s greater exposure to Nintendo than its contemporaries, pointing out that a successful Nintendo Switch 2 launch might improve the company’s performance further.

By citing historically robust demand trends throughout hardware transitions, the firm added confidence over a potential “Gen 6” console cycle, which might start in 2027 and be favorable for Turtle Beach’s operations.

Turtle Beach Corporation (NASDAQ:TBCH) is an American gaming accessory manufacturer that focuses on the development, manufacturing, and marketing of audio peripherals.

5. GoPro, Inc. (NASDAQ:GPRO)

Number of Hedge Fund Holders: 16

GoPro, Inc. (NASDAQ:GPRO) ranks among the best consumer electronics stocks to buy now. On October 3, GoPro, Inc. (NASDAQ:GPRO) declared that its new Fluid Pro AI gimbal is now available for preorder on its website for $229.99. The company anticipates having the gimbal ready for purchase in early November. In order to help keep subjects at the center of the frame while recording, the Fluid Pro AI has AI-powered subject tracking technology that can lock onto features in both forward and backward positions.

Additionally, the gimbal charges linked devices by acting as a power bank. With the gimbal, GoPro, Inc. (NASDAQ:GPRO) is attempting to reach content producers who employ a variety of camera types and broaden its accessories line beyond its primary action camera business.

GoPro, Inc. (NASDAQ:GPRO) makes versatile, durable action cameras, as well as related apps, accessories, and lifestyle gear, for capturing high-quality photos and video in various environments.

4. Sony Group Corporation (NYSE:SONY)

Number of Hedge Fund Holders: 23

Sony Group Corporation (NYSE:SONY) ranks among the best consumer electronics stocks to buy now. Citing heightened investor optimism in the wake of Japan’s appointment of its first female prime minister, CFRA lifted its price target for Sony Group Corporation (NYSE:SONY) from $31 to $34 on October 10 while keeping its Buy rating. The firm raised its forward price-to-earnings multiple to 28.3x for fiscal year 2026, which ends in March of that year, but left its earnings per share projections unchanged.

CFRA anticipates that the upcoming policy announcements from the new Japanese administration may increase domestic expenditure, which might help the nation’s tech and consumer companies like Sony Group Corporation (NYSE:SONY).

The firm also cited Sony’s Financial Services division’s successful spin-off as a contributing element to its optimistic outlook.

Sony Group Corporation (NYSE:SONY) is a Japanese global company with a wide portfolio that includes electronics, gaming, entertainment, and financial services. The firm uses technical innovation, as well as the appeal of its intellectual assets, to drive growth in its main segments.

3. Best Buy Co., Inc. (NYSE:BBY)

Number of Hedge Fund Holders: 44

Best Buy Co., Inc. (NYSE:BBY) ranks among the best consumer electronics stocks to buy now. Jefferies maintained its Buy rating on Best Buy Co., Inc. (NYSE:BBY) and increased its price target from $88 to $95 on October 8. The firm’s favorable review of Best Buy’s financial performance was mainly driven by the company’s expanding advertising division.

Over the next five or more years, Jefferies anticipates that Best Buy Ads will have “a rising sphere of influence” on the company’s profit and loss statement, potentially enabling it to increase its annual gross margin rather than contracting it as many investors believe.

As the advertising section becomes increasingly woven into the investment narrative, the firm believes this new revenue stream will eventually change what it refers to as “outdated investor perceptions” of Best Buy’s business model.

Best Buy Co., Inc. (NYSE:BBY) is an American multinational retailer specializing in consumer electronics, offering a broad range of products and related services. Along with its physical stores, the company has built a strong online presence, with both channels playing a key role in its omnichannel strategy.

2. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 54

Dell Technologies Inc. (NYSE:DELL) ranks among the best consumer electronics stocks to buy now. On October 8, UBS maintained its Buy rating on Dell Technologies Inc. (NYSE:DELL) and increased its price target from $155 to $186. The 20% rise is the result of UBS’s forecast that AI server revenue will expand by 20% to 25% in a sustainable manner without experiencing a major decline in operating margins.

Dell Technologies Inc. (NYSE:DELL) has lifted its earnings per share growth prediction to 15+%, topping the firm’s previous 10+% projection, and increased its long-term revenue growth objective to 7%-9%, surpassing UBS’s previous 6%-8% projections.

In order to address some AI margin worries that have impacted Dell’s multiple, UBS has revised its long-term EPS compound annual growth rate prediction to at least 12%, which is 500 basis points faster than its previous target of 7%.

Dell Technologies Inc. (NYSE:DELL) designs, develops, manufactures, and maintains a number of IT infrastructure products, including workstations, laptops, desktop computers, mobile devices, storage solutions, software, and cloud services.

1. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 156

Apple Inc. (NASDAQ:AAPL) ranks among the best consumer electronics stocks to buy now. Despite observing a slowdown in the growth of App Store revenue, Evercore ISI reaffirmed its Outperform rating and $290 price target for Apple Inc. (NASDAQ:AAPL) on October 2.

According to the firm, App Store revenues increased 7% year-over-year in September after growing 14% in August. This results in an anticipated Q3 growth rate of 11.8% and concludes the six consecutive quarters of double-digit growth for the App Store.

According to regional data, China’s revenue was steady year-over-year, though South Korea and Japan witnessed 5% and 7% reductions, respectively. Given that September 2023 had seen an aggregate gain of 16%, Evercore ISI pointed out that September posed challenging comparisons.

Evercore ISI thinks Apple Inc. (NASDAQ:AAPL) is still in a strong position to reach double-digit services growth in the quarter, even with the September slowdown, with revenue growing at an average rate of about 12 over the course of the three-month period.

Apple Inc. (NASDAQ:AAPL) is a global tech company that is known for its core offerings, the iPhone, Mac, and Apple Watch, as well as its expansive service portfolio, which includes iCloud and Apple Music.

While we acknowledge the potential of AAPL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AAPL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

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

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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