We recently compiled a list of the Why These 15 Hardware Stocks Are Skyrocketing So Far in 2025. In this article, we are going to take a look at where OSI Systems, Inc. (NASDAQ:OSIS) stands against the other hardware stocks.
The hardware industry is one of the most promising industries you can invest in right now, and there is a good chance that many companies in this sector are going to deliver triple-digit gains this year. You can thank AI for that since it requires significant amounts of hardware and various types of electrical and industrial equipment.
Of course, the hardware industry is beyond just AI-related stocks. PC sales are forecasted to grow by 4% to 273 million units, while smartphone shipments are anticipated to reach 1.24 billion units. Robotics and the semiconductor sector are likely going to grow at double digits annually this decade on top of that.
Methodology
For this article, I screened the top-performing hardware stocks year-to-date. Stocks that I have covered recently will be excluded from this list.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds invest in? 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 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).
A close up of an electronic circuit board, showing intricate detail.
OSI Systems, Inc. (NASDAQ:OSIS)
Number of Hedge Fund Holders In Q3 2024: 17
OSI Systems, Inc. (NASDAQ:OSIS) makes electronics for the healthcare sector.
The stock is up significantly so far this year due to the company reporting solid Q2 FY2025 earnings. OSI Systems, Inc. (NASDAQ:OSIS) reported $419.8 million in Q2 revenue (12% year-over-year growth) and non-GAAP EPS of $2.42, surpassing analyst expectations of $2.33.
It also increased its FY2025 revenue guidance to $1.685–$1.710 billion (up from $1.670–$1.695 billion) and non-GAAP EPS to $9.10–$9.40 (up from $9.00–$9.30).
OSI Systems, Inc. (NASDAQ:OSIS) won a $27 million security screening contract in January and an $11 million optoelectronics deal late last year. The backlog has an 85% visibility into fiscal 2025 revenue.
The consensus price target of $209.4 implies -0.32% downside.
OSI Systems, Inc. (NASDAQ:OSIS) stock is up 25.88% year-to-date.
Overall OSIS ranks 13th on our list of the hardware stocks that are skyrocketing so far in 2025. While we acknowledge the potential of OSIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than OSIS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
