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Best Electronic Component Stocks to Buy Now (2022)
Top electronic component stocks in 2022 ranked by overall Zen Score. See the best electronic component stocks to buy now, according to analyst forecasts for the electronic components industry.

Industry: Electronic Components
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
LFUS
LITTELFUSE INC
NASDAQ
Electronic Components
$5.29B$213.52-0.01%$540.60M15.11x0.73
RELL
RICHARDSON ELECTRONICS LTD
NASDAQ
Electronic Components
$265.79M$19.1224.64%$24.87M11.80x0.33
DSWL
DESWELL INDUSTRIES INC
NASDAQ
Electronic Components
$50.83M$3.191.27%$9.80M6.13x0.27
CPSH
CPS TECHNOLOGIES CORP
NASDAQ
Electronic Components
$46.33M$3.210.00%$1.82M11.89x0.33
LGL
LGL GROUP INC
NYSEMKT
Electronic Components
$65.26M$12.204.18%$17.30M4.96x0.08
ELTK
ELTEK LTD
NASDAQ
Electronic Components
$22.27M$3.814.88%$3.63M4.23x0.98
TTMI
TTM TECHNOLOGIES INC
NASDAQ
Electronic Components
$1.46B$14.280.42%$226.44M19.83x1.18
FLEX
FLEX LTD
NASDAQ
Electronic Components
$8.26B$18.11-0.82%$1.82B9.24x3.88
FN
FABRINET
NYSE
Electronic Components
$3.91B$107.352.18%$246.14M19.77x0.46
JBL
JABIL INC
NYSE
Electronic Components
$8.48B$61.68-1.04%$2.25B10.31x6.71
CLS
CELESTICA INC
NYSE
Electronic Components
$1.12B$9.07-0.44%$342.10M9.16x2.36
NSYS
NORTECH SYSTEMS INC
NASDAQ
Electronic Components
$28.85M$10.752.09%$13.36M3.06x1.66
LYTS
LSI INDUSTRIES INC
NASDAQ
Electronic Components
$220.99M$8.222.24%$31.17M14.95x1.11
TEL
TE CONNECTIVITY LTD
NYSE
Electronic Components
$37.77B$118.08-0.12%$3.55B15.32x1.04
MEI
METHODE ELECTRONICS INC
NYSE
Electronic Components
$1.36B$37.18-0.69%$164.30M14.52x0.53
OSIS
OSI SYSTEMS INC
NASDAQ
Electronic Components
$1.25B$74.19-0.80%$187.80M11.29x1.26
BELFA
BEL FUSE INC
NASDAQ
Electronic Components
$367.18M$29.412.12%$58.21M10.77x1.40
WBX
WALLBOX NV
NYSE
Electronic Components
$1.25B$7.71-4.58%-$172.85M0.08x1.24
GLW
CORNING INC
NYSE
Electronic Components
$26.62B$31.490.54%$4.33B13.23x1.51
APH
AMPHENOL CORP
NYSE
Electronic Components
$43.07B$72.400.72%$2.81B24.21x1.31
MMAT
META MATERIALS INC
NASDAQ
Electronic Components
$240.32M$0.67-3.48%-$74.12M-2.38x0.23
BHE
BENCHMARK ELECTRONICS INC
NYSE
Electronic Components
$938.06M$26.681.25%$113.49M19.33x1.20
PLXS
PLEXUS CORP
NASDAQ
Electronic Components
$2.55B$92.12-0.48%$216.33M21.27x2.03
AMOT
ALLIED MOTION TECHNOLOGIES INC
NASDAQ
Electronic Components
$455.54M$28.51-3.06%$46.64M29.09x1.86
SANM
SANMINA CORP
NASDAQ
Electronic Components
$2.92B$50.451.59%$362.28M12.74x1.63
OUST
OUSTER INC
NYSE
Electronic Components
$187.17M$1.03-2.83%-$95.71M-1.72x0.26
ROG
ROGERS CORP
NYSE
Electronic Components
$4.48B$238.02-1.04%$139.78M54.10x0.48
VICR
VICOR CORP
NASDAQ
Electronic Components
$2.76B$62.68-1.57%$50.56M73.74x0.15
SGMA
SIGMATRON INTERNATIONAL INC
NASDAQ
Electronic Components
$28.81M$4.75-0.92%$15.28M13.96x2.52
DAIO
DATA I/O CORP
NASDAQ
Electronic Components
$25.83M$2.93-2.66%-$1.54M-9.45x0.47
NEON
NEONODE INC
NASDAQ
Electronic Components
$53.64M$3.953.67%-$5.18M-8.40x0.11
CTS
CTS CORP
NYSE
Electronic Components
$1.42B$44.480.61%-$3.02M-66.39x0.50
KOPN
KOPIN CORP
NASDAQ
Electronic Components
$106.75M$1.140.00%-$11.53M-8.14x0.57
LINK
INTERLINK ELECTRONICS INC
NASDAQ
Electronic Components
$55.23M$8.36-1.61%$74.00k-69.69x0.08
REFR
RESEARCH FRONTIERS INC
NASDAQ
Electronic Components
$69.63M$2.20-0.45%-$2.04M-31.43x0.27
LPTH
LIGHTPATH TECHNOLOGIES INC
NASDAQ
Electronic Components
$31.13M$1.150.88%$1.17M-8.85x0.71
MTEK
MARIS TECH LTD
NASDAQ
Electronic Components
$9.46M$1.211.68%-$2.79M-2.24x0.29
KULR
KULR TECHNOLOGY GROUP INC
NYSEMKT
Electronic Components
$143.72M$1.34-2.19%-$16.12M-8.38x0.63
VIAO
VIA OPTRONICS AG
NYSE
Electronic Components
$34.66M$1.53-1.29%N/A-2.67x1.74
OST
OSTIN TECHNOLOGY GROUP CO LTD
NASDAQ
Electronic Components
$16.74M$1.240.00%N/AN/A3.22

Electronic Component Stocks FAQ

What are the best electronic component stocks to buy right now in Oct 2022?

According to Zen Score, the 3 best electronic component stocks to buy right now are:

1. Littelfuse (NASDAQ:LFUS)


Littelfuse (NASDAQ:LFUS) is the top electronic component stock with a Zen Score of 66, which is 25 points higher than the electronic component industry average of 41. It passed 25 out of 38 due diligence checks and has strong fundamentals. Littelfuse has seen its stock lose -22.44% over the past year, underperforming other electronic component stocks by -14 percentage points.

Littelfuse has an average 1 year price target of $267.50, an upside of 25.28% from Littelfuse's current stock price of $213.52.

Littelfuse stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Littelfuse, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Richardson Electronics (NASDAQ:RELL)


Richardson Electronics (NASDAQ:RELL) is the second best electronic component stock with a Zen Score of 62, which is 21 points higher than the electronic component industry average of 41. It passed 24 out of 38 due diligence checks and has strong fundamentals. Richardson Electronics has seen its stock return 89.49% over the past year, overperforming other electronic component stocks by 98 percentage points.

3. Deswell Industries (NASDAQ:DSWL)


Deswell Industries (NASDAQ:DSWL) is the third best electronic component stock with a Zen Score of 60, which is 19 points higher than the electronic component industry average of 41. It passed 21 out of 38 due diligence checks and has strong fundamentals. Deswell Industries has seen its stock lose -16.93% over the past year, underperforming other electronic component stocks by -8 percentage points.

What are the electronic component stocks with highest dividends?

Out of 13 electronic component stocks that have issued dividends in the past year, the 3 electronic component stocks with the highest dividend yields are:

1. Deswell Industries (NASDAQ:DSWL)


Deswell Industries (NASDAQ:DSWL) has an annual dividend yield of 6.27%, which is 4 percentage points higher than the electronic component industry average of 1.79%. Deswell Industries's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Deswell Industries's dividend has shown consistent growth over the last 10 years.

Deswell Industries's dividend payout ratio of 38.5% indicates that its high dividend yield is sustainable for the long-term.

2. Corning (NYSE:GLW)


Corning (NYSE:GLW) has an annual dividend yield of 3.33%, which is 2 percentage points higher than the electronic component industry average of 1.79%. Corning's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Corning's dividend has shown consistent growth over the last 10 years.

Corning's dividend payout ratio of 42.9% indicates that its dividend yield is sustainable for the long-term.

3. Benchmark Electronics (NYSE:BHE)


Benchmark Electronics (NYSE:BHE) has an annual dividend yield of 2.47%, which is 1 percentage points higher than the electronic component industry average of 1.79%. Benchmark Electronics's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Benchmark Electronics's dividend has shown consistent growth over the last 10 years.

Benchmark Electronics's dividend payout ratio of 47.8% indicates that its dividend yield is sustainable for the long-term.

Why are electronic component stocks up?

Electronic component stocks were up 0.19% in the last day, and up 3.92% over the last week. Richardson Electronics was the among the top gainers in the electronic components industry, gaining 24.64% yesterday.

Richardson Electronics shares are trading higher after the company reported better-than-expected Q1 results.

What are the most undervalued electronic component stocks?

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

1. Eltek (NASDAQ:ELTK)


Eltek (NASDAQ:ELTK) is the most undervalued electronic component stock based on WallStreetZen's Valuation Score. Eltek has a valuation score of 100, which is 53 points higher than the electronic component industry average of 47. It passed 7 out of 7 valuation due diligence checks.

Eltek's stock has dropped -32.86% in the past year. It has underperformed other stocks in the electronic component industry by -24 percentage points.

2. Deswell Industries (NASDAQ:DSWL)


Deswell Industries (NASDAQ:DSWL) is the second most undervalued electronic component stock based on WallStreetZen's Valuation Score. Deswell Industries has a valuation score of 100, which is 53 points higher than the electronic component industry average of 47. It passed 7 out of 7 valuation due diligence checks.

Deswell Industries's stock has dropped -16.93% in the past year. It has underperformed other stocks in the electronic component industry by -8 percentage points.

3. Nortech Systems (NASDAQ:NSYS)


Nortech Systems (NASDAQ:NSYS) is the third most undervalued electronic component stock based on WallStreetZen's Valuation Score. Nortech Systems has a valuation score of 86, which is 39 points higher than the electronic component industry average of 47. It passed 6 out of 7 valuation due diligence checks.

Nortech Systems's stock has dropped -5.54% in the past year. It has overperformed other stocks in the electronic component industry by 3 percentage points.

Are electronic component stocks a good buy now?

44.83% of electronic component stocks rated by analysts are a strong buy right now. On average, analysts expect electronic component stocks to rise by 22.66% over the next year.

What is the average p/e ratio of the electronic components industry?

The average P/E ratio of the electronic components industry is 18.06x.
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