In today's video, I look at the stocks Corsair Gaming (CRSR -0.72%), Logitech (LOGI -3.04%), and Turtle Beach (HEAR -0.36%) and try to determine which I believe is a better buy at the moment. I use an eight-point system to help me choose the winner. Below are some points each company received.
- Turtle Beach was the winner of recent earnings growth. It reported 166% year-over-year revenue growth for the first quarter of 2021.
- Logitech was the winner for the most substantial balance sheet. It has roughly $1.8 billion in cash and short-term investments and no debt.
- Corsair was the winner for having the cheapest valuation metric. Looking at the forward price-to-earnings ratio, Corsair had the most affordable of the three, sitting at roughly 17.66.
Click the video below for my full thoughts.
*Stock prices used were the midday prices of June 4, 2021. The video was published on June 4, 2021.