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The Cuisinart electric knife is the highest rated in terms of its quality and performance. It is priced at exactly $50. However, if this is not in your budget, then another good alternative to consider is Rival. Besides the features related to cutting efficiency, both these brands offer safety locks on their Electric Knives, which increases the safety for the user and the people around. The Piranha electric knife is another option worth considering. Whether you want to carve turkey or fillet some fish, this product is guaranteed to give you high performance and get the task done in minimum possible time.