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Best Computer Hardware Stocks to Buy Now (2023)
Top computer hardware stocks in 2023 ranked by overall Zen Score. See the best computer hardware stocks to buy now, according to analyst forecasts for the computer hardware industry.

Industry: Computer Hardware
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
ANET
ARISTA NETWORKS INC
$55.83BN/A0.00%N/AN/AN/AN/A
NTAP
NETAPP INC
$15.87B2.63%35.70%$0.5000$2.0045%02023-10-052023-10-25
LOGI
LOGITECH INTERNATIONAL SA
$11.20B1.38%48.30%$0.9807$0.9823%02023-09-252023-09-27
SMCI
SUPER MICRO COMPUTER INC
$12.47BN/A0.00%N/AN/AN/AN/A
CRSR
CORSAIR GAMING INC
$1.50BN/A0.00%N/AN/AN/AN/A
HPQ
HP INC
$26.46B3.92%44.00%$0.2625$1.0563%12023-10-04
AGMH
AGM GROUP HOLDINGS INC
$44.28MN/A0.00%N/AN/AN/AN/A
CRCT
CRICUT INC
$1.97BN/A613.60%N/AN/AN/AN/A
NNDM
NANO DIMENSION LTD
$667.12MN/A0.00%N/AN/AN/AN/A
MKFG
MARKFORGED HOLDING CORP
$264.41MN/A0.00%N/AN/AN/AN/A
SSYS
STRATASYS LTD
$832.54MN/A0.00%N/AN/AN/AN/A
CAN
CANAAN INC
$340.95MN/A0.00%N/AN/AN/AN/A
RGTI
RIGETTI COMPUTING INC
$208.79MN/A0.00%N/AN/AN/AN/A
KTCC
KEY TRONIC CORP
$47.24MN/A0.00%N/AN/AN/AN/A
TACT
TRANSACT TECHNOLOGIES INC
$64.53MN/A0.00%$0.0900N/AN/A0
DM
DESKTOP METAL INC
$465.22MN/A0.00%N/AN/AN/AN/A
STRC
SARCOS TECHNOLOGY & ROBOTICS CORP
$17.54MN/A0.00%N/AN/AN/AN/A
DELL
DELL TECHNOLOGIES INC
$50.68B1.53%52.80%$0.3700$1.0727%0
IONQ
IONQ INC
$2.69BN/A0.00%N/AN/AN/AN/A
FATH
FATHOM DIGITAL MANUFACTURING CORP
$40.69MN/AN/AN/AN/AN/AN/A
OSS
ONE STOP SYSTEMS INC
$32.87MN/A0.00%N/AN/AN/AN/A
DDD
3D SYSTEMS CORP
$601.98MN/A0.00%N/AN/AN/AN/A
PSTG
PURE STORAGE INC
$10.80BN/AN/AN/AN/AN/AN/A
SCKT
SOCKET MOBILE INC
$8.64MN/A0.00%N/AN/AN/AN/A
WDC
WESTERN DIGITAL CORP
$14.53BN/A0.00%$0.5000N/AN/A0
QMCO
QUANTUM CORP
$63.11MN/A0.00%N/AN/AN/AN/A
ALOT
ASTRONOVA INC
$92.07MN/A0.00%$0.0700N/AN/A0
INVE
IDENTIV INC
$199.61MN/A0.00%N/AN/AN/AN/A
RCAT
RED CAT HOLDINGS INC
$52.69MN/A0.00%N/AN/AN/AN/A
SGE
STRONG GLOBAL ENTERTAINMENT INC
$14.22MN/AN/AN/AN/AN/AN/A
UAVS
AGEAGLE AERIAL SYSTEMS INC
$21.25MN/A0.00%N/AN/AN/AN/A
QUBT
QUANTUM COMPUTING INC
$81.73MN/A0.00%N/AN/AN/AN/A
VLD
VELO3D INC
$277.41MN/A0.00%N/AN/AN/AN/A
EBON
EBANG INTERNATIONAL HOLDINGS INC
$49.31MN/A0.00%N/AN/AN/AN/A
VJET
VOXELJET AG
$10.41MN/A0.00%N/AN/AN/AN/A
STX
SEAGATE TECHNOLOGY HOLDINGS PLC
$13.67BN/A-109.40%$0.7000N/AN/A0
QBTS
D-WAVE QUANTUM INC
$132.36MN/A0.00%N/AN/AN/AN/A

Computer Hardware Stocks FAQ

What are the best computer hardware stocks to buy right now in Sep 2023?

According to Zen Score, the 3 best computer hardware stocks to buy right now are:

1. Arista Networks (NYSE:ANET)


Arista Networks (NYSE:ANET) is the top computer hardware stock with a Zen Score of 57, which is 26 points higher than the computer hardware industry average of 31. It passed 19 out of 33 due diligence checks and has strong fundamentals. Arista Networks has seen its stock return 60.23% over the past year, overperforming other computer hardware stocks by 9 percentage points.

Arista Networks has an average 1 year price target of $204.25, an upside of 13.26% from Arista Networks's current stock price of $180.34.

Arista Networks stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Arista Networks, 62.5% have issued a Strong Buy rating, 25% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Netapp (NASDAQ:NTAP)


Netapp (NASDAQ:NTAP) is the second best computer hardware stock with a Zen Score of 53, which is 22 points higher than the computer hardware industry average of 31. It passed 19 out of 38 due diligence checks and has strong fundamentals. Netapp has seen its stock return 18.36% over the past year, underperforming other computer hardware stocks by -33 percentage points.

Netapp has an average 1 year price target of $79.87, an upside of 5.06% from Netapp's current stock price of $76.02.

Netapp stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Netapp, 20% have issued a Strong Buy rating, 20% have issued a Buy, 53.33% have issued a hold, while 6.67% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Logitech International Sa (NASDAQ:LOGI)


Logitech International Sa (NASDAQ:LOGI) is the third best computer hardware stock with a Zen Score of 52, which is 21 points higher than the computer hardware industry average of 31. It passed 19 out of 38 due diligence checks and has strong fundamentals. Logitech International Sa has seen its stock return 51.76% over the past year, overperforming other computer hardware stocks by 1 percentage points.

Logitech International Sa has an average 1 year price target of $74.60, an upside of 5.35% from Logitech International Sa's current stock price of $70.81.

Logitech International Sa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Logitech International Sa, 20% have issued a Strong Buy rating, 0% have issued a Buy, 80% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the computer hardware stocks with highest dividends?

Out of 4 computer hardware stocks that have issued dividends in the past year, the 3 computer hardware stocks with the highest dividend yields are:

1. Hp (NYSE:HPQ)


Hp (NYSE:HPQ) has an annual dividend yield of 3.92%, which is 2 percentage points higher than the computer hardware industry average of 2.37%. Hp's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Hp's dividend has shown consistent growth over the last 10 years.

Hp's dividend payout ratio of 44% indicates that its dividend yield is sustainable for the long-term.

2. Netapp (NASDAQ:NTAP)


Netapp (NASDAQ:NTAP) has an annual dividend yield of 2.63%, which is the same as the computer hardware industry average of 2.37%. Netapp's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Netapp's dividend has shown consistent growth over the last 10 years.

Netapp's dividend payout ratio of 35.7% indicates that its dividend yield is sustainable for the long-term.

3. Dell Technologies (NYSE:DELL)


Dell Technologies (NYSE:DELL) has an annual dividend yield of 1.53%, which is -1 percentage points lower than the computer hardware industry average of 2.37%.

Dell Technologies's dividend payout ratio of 52.8% indicates that its dividend yield is sustainable for the long-term.

Why are computer hardware stocks up?

Computer hardware stocks were up 1.01% in the last day, and down -2.68% over the last week.

We couldn't find a catalyst for why computer hardware stocks are up.

What are the most undervalued computer hardware stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued computer hardware stocks right now are:

1. Agm Group Holdings (NASDAQ:AGMH)


Agm Group Holdings (NASDAQ:AGMH) is the most undervalued computer hardware stock based on WallStreetZen's Valuation Score. Agm Group Holdings has a valuation score of 71, which is 46 points higher than the computer hardware industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Agm Group Holdings's stock has dropped -2.33% in the past year. It has underperformed other stocks in the computer hardware industry by -53 percentage points.

2. Hp (NYSE:HPQ)


Hp (NYSE:HPQ) is the second most undervalued computer hardware stock based on WallStreetZen's Valuation Score. Hp has a valuation score of 57, which is 32 points higher than the computer hardware industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Hp's stock has gained 4.12% in the past year. It has underperformed other stocks in the computer hardware industry by -47 percentage points.

3. Key Tronic (NASDAQ:KTCC)


Key Tronic (NASDAQ:KTCC) is the third most undervalued computer hardware stock based on WallStreetZen's Valuation Score. Key Tronic has a valuation score of 57, which is 32 points higher than the computer hardware industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Key Tronic's stock has dropped -2.66% in the past year. It has underperformed other stocks in the computer hardware industry by -54 percentage points.

Are computer hardware stocks a good buy now?

46.15% of computer hardware stocks rated by analysts are a buy right now. On average, analysts expect computer hardware stocks to rise by 19.02% over the next year.

What is the average p/e ratio of the computer hardware industry?

The average P/E ratio of the computer hardware industry is 19.16x.
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