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Should You Buy #1 (Strong Buy)-Ranked Sony (SONY) for Your Portfolio?
Sony was upgraded to the Zacks Rank #1 list on February 18, 2025. The Zacks Rank is a unique stock-rating model that helps you take advantage of earnings estimate revision trends and provides a way to get into stocks highly sought after by institutional investors.
Headquartered in Tokyo, Japan, Sony Group Corporation (known as Sony Corporation till March 2021) designs, manufactures and sells several consumer and industrial electronic equipment. The company’s product roster comprises audio and video equipment, televisions, network services, game hardware and software, mobile phones and image sensors. Additionally, Sony is active in the production, acquisition and distribution of recorded music and the management and licensing of the words and music for songs.
Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.07 to $1.18 per share. SONY also boasts an average earnings surprise of 28.4%.
Earnings are expected to grow 8.3% for the current fiscal year, while revenue is projected to increase 2%.
Even more impressive, SONY has gained in value over the past four weeks, up 19% compared to the S&P 500's loss of 0.5%.
Bottom Line
With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Sony could be just the stock to help your portfolio generate returns that could fund your retirement, your kids' college tuition, or your short- and long-term savings goals.
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