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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
RELL
RICHARDSON ELECTRONICS LTD
NASDAQ
Electronic Components
$182.52M$13.36-1.18%$16.66M15.18x0.32
LFUS
LITTELFUSE INC
NASDAQ
Electronic Components
$6.46B$261.07-1.11%$523.33M18.71x0.60
FLEX
FLEX LTD
NASDAQ
Electronic Components
$7.15B$15.63-3.46%$1.81B7.93x3.66
CPSH
CPS TECHNOLOGIES CORP
NASDAQ
Electronic Components
$46.75M$3.24-4.14%$1.43M12.46x0.39
DSWL
DESWELL INDUSTRIES INC
NASDAQ
Electronic Components
$53.95M$3.393.99%$13.16M4.91x0.31
LGL
LGL GROUP INC
NYSEMKT
Electronic Components
$61.65M$11.50-0.86%$19.52M4.11x0.09
ELTK
ELTEK LTD
NASDAQ
Electronic Components
$24.23M$4.15-0.98%N/A4.56x1.03
CLS
CELESTICA INC
NYSE
Electronic Components
$1.29B$10.37-1.14%$316.50M11.40x2.21
TEL
TE CONNECTIVITY LTD
NYSE
Electronic Components
$39.83B$123.63-0.02%$3.54B16.20x1.04
TTMI
TTM TECHNOLOGIES INC
NASDAQ
Electronic Components
$1.41B$14.000.57%$222.24M19.72x1.10
LYTS
LSI INDUSTRIES INC
NASDAQ
Electronic Components
$168.46M$6.32-5.67%$24.82M17.08x1.19
FN
FABRINET
NYSE
Electronic Components
$3.03B$82.46-2.15%$228.25M16.33x0.45
VICR
VICOR CORP
NASDAQ
Electronic Components
$2.63B$59.80-3.05%$59.00M56.42x0.13
NSYS
NORTECH SYSTEMS INC
NASDAQ
Electronic Components
$31.38M$11.705.41%$12.75M3.53x1.58
OSIS
OSI SYSTEMS INC
NASDAQ
Electronic Components
$1.40B$82.16-0.53%$184.82M13.56x1.36
JBL
JABIL INC
NYSE
Electronic Components
$8.00B$56.63-2.41%$2.16B10.17x6.46
APH
AMPHENOL CORP
NYSE
Electronic Components
$41.20B$68.99-0.59%$2.65B24.46x1.30
GLW
CORNING INC
NYSE
Electronic Components
$28.10B$33.27-1.45%$4.12B25.79x1.42
SGMA
SIGMATRON INTERNATIONAL INC
NASDAQ
Electronic Components
$36.01M$5.98-2.76%$21.93M2.32x2.21
ROG
ROGERS CORP
NYSE
Electronic Components
$4.89B$259.88-0.63%$151.59M52.18x0.43
BELFA
BEL FUSE INC
NASDAQ
Electronic Components
$265.98M$21.251.16%$50.20M10.42x1.42
MEI
METHODE ELECTRONICS INC
NYSE
Electronic Components
$1.56B$42.27-1.58%$194.60M13.55x0.54
SANM
SANMINA CORP
NASDAQ
Electronic Components
$2.53B$41.53-0.79%$417.23M9.40x1.53
MMAT
META MATERIALS INC
NASDAQ
Electronic Components
$542.81M$1.83-7.11%-$58.71M-7.63x0.29
PLXS
PLEXUS CORP
NASDAQ
Electronic Components
$2.25B$81.110.07%$204.44M20.53x1.87
OUST
OUSTER INC
NYSE
Electronic Components
$368.17M$2.12-8.62%-$101.40M-3.26x0.20
AMOT
ALLIED MOTION TECHNOLOGIES INC
NASDAQ
Electronic Components
$342.89M$22.120.77%$43.17M22.12x1.55
BHE
BENCHMARK ELECTRONICS INC
NYSE
Electronic Components
$843.54M$24.01-0.25%$101.29M21.83x1.05
DAIO
DATA I/O CORP
NASDAQ
Electronic Components
$26.65M$3.09-1.59%-$897.00k-13.43x0.45
KOPN
KOPIN CORP
NASDAQ
Electronic Components
$102.94M$1.12-4.27%-$9.80M-9.33x0.56
OST
OSTIN TECHNOLOGY GROUP CO LTD
NASDAQ
Electronic Components
N/A$1.85-10.63%$6.20M6.17x4.24
LINK
INTERLINK ELECTRONICS INC
NASDAQ
Electronic Components
$59.36M$8.99-0.33%$163.00k-81.73x0.06
CTS
CTS CORP
NYSE
Electronic Components
$1.18B$36.83-2.02%-$20.94M-35.76x0.43
ATC
ATOTECH LTD
NYSE
Electronic Components
$3.82B$19.63-1.60%$427.70M29.74x2.73
WBX
WALLBOX NV
NYSE
Electronic Components
$1.59B$9.85-1.20%-$201.12M-4.55x1.61
REFR
RESEARCH FRONTIERS INC
NASDAQ
Electronic Components
$50.32M$1.59-0.63%-$1.91M-22.71x0.22
KULR
KULR TECHNOLOGY GROUP INC
NYSEMKT
Electronic Components
$130.57M$1.22-6.15%-$13.88M-7.18x0.21
VIAO
VIA OPTRONICS AG
NYSE
Electronic Components
$58.90M$2.60-5.45%-$3.90M-4.72x1.48
LPTH
LIGHTPATH TECHNOLOGIES INC
NASDAQ
Electronic Components
$44.36M$1.64-2.38%-$952.43k-8.63x0.64
NEON
NEONODE INC
NASDAQ
Electronic Components
$81.46M$6.007.33%-$5.13M-12.00x0.13
MTEK
MARIS TECH LTD
NASDAQ
Electronic Components
$6.88M$1.03-2.83%-$567.85k-4.29x-1.86

Electronic Component Stocks FAQ

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

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

1. RICHARDSON ELECTRONICS (NASDAQ:RELL)


RICHARDSON ELECTRONICS (NASDAQ:RELL) is the top electronic component stock with a Zen Score of 69, which is 28 points higher than the electronic component industry average of 41. It passed 25 out of 38 due diligence checks and has strong fundamentals. RICHARDSON ELECTRONICS has seen its stock return 65.35% over the past year, overperforming other electronic component stocks by 69 percentage points.

2. LITTELFUSE (NASDAQ:LFUS)


LITTELFUSE (NASDAQ:LFUS) is the second best electronic component stock with a Zen Score of 63, which is 22 points higher than the electronic component industry average of 41. It passed 24 out of 38 due diligence checks and has strong fundamentals. LITTELFUSE has seen its stock return 1.47% over the past year, overperforming other electronic component stocks by 5 percentage points.

LITTELFUSE has an average 1 year price target of $290.00, an upside of 11.08% from LITTELFUSE's current stock price of $261.07.

LITTELFUSE stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst 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.

3. FLEX (NASDAQ:FLEX)


FLEX (NASDAQ:FLEX) is the third best electronic component stock with a Zen Score of 61, which is 20 points higher than the electronic component industry average of 41. It passed 19 out of 33 due diligence checks and has strong fundamentals. FLEX has seen its stock lose -13.65% over the past year, underperforming other electronic component stocks by -10 percentage points.

FLEX has an average 1 year price target of $22.00, an upside of 40.75% from FLEX's current stock price of $15.63.

FLEX stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering FLEX, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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 5.9%, which is 4 percentage points higher than the electronic component industry average of 1.83%. DESWELL INDUSTRIES's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. DESWELL INDUSTRIES's dividend has not shown consistent growth over the last 10 years.

DESWELL INDUSTRIES's dividend payout ratio of 14.5% indicates that its high dividend yield is sustainable for the long-term.

2. LSI INDUSTRIES (NASDAQ:LYTS)


LSI INDUSTRIES (NASDAQ:LYTS) has an annual dividend yield of 3.16%, which is 1 percentage points higher than the electronic component industry average of 1.83%. LSI INDUSTRIES's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. LSI INDUSTRIES's dividend has not shown consistent growth over the last 10 years.

LSI INDUSTRIES's dividend payout ratio of 54.1% indicates that its dividend yield is sustainable for the long-term.

3. CORNING (NYSE:GLW)


CORNING (NYSE:GLW) has an annual dividend yield of 2.98%, which is 1 percentage points higher than the electronic component industry average of 1.83%. 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 76.7% indicates that its dividend yield is sustainable for the long-term.

Why are electronic component stocks down?

Electronic component stocks were down -0.97% in the last day, and down -3.98% over the last week. OUSTER was the among the top losers in the electronic components industry, dropping -8.62% yesterday.

Shares of several companies in the broader technology space are trading lower amid a continued selloff in stocks. The sector is also under pressure following Snap's Q2 warning.

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 55 points higher than the electronic component industry average of 45. It passed 7 out of 7 valuation due diligence checks.

ELTEK's stock has dropped -26.7% in the past year. It has underperformed other stocks in the electronic component industry by -23 percentage points.

2. TTM TECHNOLOGIES (NASDAQ:TTMI)


TTM TECHNOLOGIES (NASDAQ:TTMI) is the second most undervalued electronic component stock based on WallStreetZen's Valuation Score. TTM TECHNOLOGIES has a valuation score of 100, which is 55 points higher than the electronic component industry average of 45. It passed 7 out of 7 valuation due diligence checks.

TTM TECHNOLOGIES's stock has dropped -7.35% in the past year. It has underperformed other stocks in the electronic component industry by -3 percentage points.

3. DESWELL INDUSTRIES (NASDAQ:DSWL)


DESWELL INDUSTRIES (NASDAQ:DSWL) is the third most undervalued electronic component stock based on WallStreetZen's Valuation Score. DESWELL INDUSTRIES has a valuation score of 100, which is 55 points higher than the electronic component industry average of 45. It passed 7 out of 7 valuation due diligence checks.

DESWELL INDUSTRIES's stock has dropped -15.46% in the past year. It has underperformed other stocks in the electronic component industry by -12 percentage points.

Are electronic component stocks a good buy now?

50% of electronic component stocks rated by analysts are a strong buy right now. On average, analysts expect electronic component stocks to rise by 29.8% 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 20.56x.
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