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Best Electronic Component Stocks to Buy Now (2023)
Top electronic component stocks in 2023 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
BELFA
BEL FUSE INC
NASDAQ
Electronic Components
$462.25M$37.040.43%$70.42M10.40x1.35
RELL
RICHARDSON ELECTRONICS LTD
NASDAQ
Electronic Components
$325.55M$23.13-2.82%$27.30M13.53x0.30
ELTK
ELTEK LTD
NASDAQ
Electronic Components
$26.32M$4.501.12%$4.52M4.21x0.95
OSIS
OSI SYSTEMS INC
NASDAQ
Electronic Components
$1.61B$95.697.13%$181.27M15.46x1.35
NSYS
NORTECH SYSTEMS INC
NASDAQ
Electronic Components
$37.24M$13.842.53%$10.32M5.03x1.59
LFUS
LITTELFUSE INC
NASDAQ
Electronic Components
$6.26B$252.981.26%$534.73M18.82x0.81
GLW
CORNING INC
NYSE
Electronic Components
$30.81B$36.432.45%$4.08B16.63x1.52
FN
FABRINET
NYSE
Electronic Components
$4.96B$135.520.27%$268.07M22.62x0.43
TEL
TE CONNECTIVITY LTD
NYSE
Electronic Components
$39.42B$124.270.57%$3.59B16.53x0.92
BHE
BENCHMARK ELECTRONICS INC
NYSE
Electronic Components
$974.03M$27.69-4.78%$128.06M16.38x1.28
LYTS
LSI INDUSTRIES INC
NASDAQ
Electronic Components
$416.11M$14.9814.79%$36.47M22.70x1.08
DSWL
DESWELL INDUSTRIES INC
NASDAQ
Electronic Components
$49.72M$3.120.97%$5.04M14.51x0.28
CPSH
CPS TECHNOLOGIES CORP
NASDAQ
Electronic Components
$42.59M$2.951.03%$3.22M19.67x0.34
WBX
WALLBOX NV
NYSE
Electronic Components
$868.66M$5.344.09%-$172.85M0.06x1.24
PLXS
PLEXUS CORP
NASDAQ
Electronic Components
$2.59B$93.86-17.11%$236.85M18.92x2.10
JBL
JABIL INC
NYSE
Electronic Components
$10.43B$78.28-1.99%$2.31B11.12x7.11
APH
AMPHENOL CORP
NYSE
Electronic Components
$46.65B$78.39-1.22%$2.92B25.21x1.29
MMAT
META MATERIALS INC
NASDAQ
Electronic Components
$365.55M$1.011.00%-$85.32M-3.26x0.24
CTS
CTS CORP
NYSE
Electronic Components
$1.43B$44.93-3.83%$105.17M26.90x0.50
MEI
METHODE ELECTRONICS INC
NYSE
Electronic Components
$1.69B$46.77-0.36%$163.00M18.06x0.55
FLEX
FLEX LTD
NASDAQ
Electronic Components
$10.84B$23.93-1.77%$1.91B13.52x3.91
SANM
SANMINA CORP
NASDAQ
Electronic Components
$3.31B$57.70-5.55%$476.57M13.80x1.61
TTMI
TTM TECHNOLOGIES INC
NASDAQ
Electronic Components
$1.59B$15.55-7.05%$254.80M16.37x1.16
CLS
CELESTICA INC
NYSE
Electronic Components
$1.60B$13.13-0.15%$408.10M11.13x2.36
DAIO
DATA I/O CORP
NASDAQ
Electronic Components
$36.76M$4.17-2.34%-$650.00k-19.86x0.48
AMOT
ALLIED MOTION TECHNOLOGIES INC
NASDAQ
Electronic Components
$613.82M$38.63-1.08%$51.66M39.02x1.85
VICR
VICOR CORP
NASDAQ
Electronic Components
$3.10B$70.31-1.06%$41.26M119.17x0.16
LGL
LGL GROUP INC
NYSEMKT
Electronic Components
$23.38M$4.370.18%-$25.51M-1.14x0.11
OUST
OUSTER INC
NYSE
Electronic Components
$241.74M$1.3110.08%-$117.14M-1.82x0.30
REFR
RESEARCH FRONTIERS INC
NASDAQ
Electronic Components
$69.12M$2.092.21%-$2.50M-23.17x0.11
NEON
NEONODE INC
NASDAQ
Electronic Components
$141.13M$10.400.97%-$4.42M-27.37x0.09
LINK
INTERLINK ELECTRONICS INC
NASDAQ
Electronic Components
$56.74M$8.593.87%-$144.00k-53.70x0.08
MTEK
MARIS TECH LTD
NASDAQ
Electronic Components
$7.35M$0.942.29%-$2.79M-1.74x0.29
ROG
ROGERS CORP
NYSE
Electronic Components
$2.55B$135.361.32%$127.07M35.16x0.49
SGMA
SIGMATRON INTERNATIONAL INC
NASDAQ
Electronic Components
$22.40M$3.69-2.89%$14.56M-14.76x2.36
KOPN
KOPIN CORP
NASDAQ
Electronic Components
$115.10M$1.214.31%-$15.57M-6.37x0.63
VIAO
VIA OPTRONICS AG
NYSE
Electronic Components
$60.08M$2.65-9.49%N/A-5.47x1.69
LPTH
LIGHTPATH TECHNOLOGIES INC
NASDAQ
Electronic Components
$40.08M$1.482.07%$321.60k-9.25x0.71
KULR
KULR TECHNOLOGY GROUP INC
NYSEMKT
Electronic Components
$146.57M$1.30-1.52%-$17.90M-7.22x2.27
OST
OSTIN TECHNOLOGY GROUP CO LTD
NASDAQ
Electronic Components
$15.39M$1.140.00%N/AN/A3.22

Electronic Component Stocks FAQ

What are the best electronic component stocks to buy right now in Jan 2023?

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

1. Bel Fuse (NASDAQ:BELFA)


Bel Fuse (NASDAQ:BELFA) is the top electronic component stock with a Zen Score of 62, which is 26 points higher than the electronic component industry average of 36. It passed 23 out of 38 due diligence checks and has strong fundamentals. Bel Fuse has seen its stock return 138.97% over the past year, overperforming other electronic component stocks by 141 percentage points.

Bel Fuse stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Bel Fuse, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 55, which is 19 points higher than the electronic component industry average of 36. It passed 21 out of 38 due diligence checks and has strong fundamentals. Richardson Electronics has seen its stock return 82.41% over the past year, overperforming other electronic component stocks by 85 percentage points.

3. Eltek (NASDAQ:ELTK)


Eltek (NASDAQ:ELTK) is the third best electronic component stock with a Zen Score of 53, which is 17 points higher than the electronic component industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. Eltek has seen its stock return 22.95% over the past year, overperforming other electronic component stocks by 25 percentage points.

What are the electronic component stocks with highest dividends?

Out of 14 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 6.41%, which is 5 percentage points higher than the electronic component industry average of 1.77%. 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 93% indicates that its high dividend yield might not be sustainable for the long-term.

2. Eltek (NASDAQ:ELTK)


Eltek (NASDAQ:ELTK) has an annual dividend yield of 3.78%, which is 2 percentage points higher than the electronic component industry average of 1.77%.

Eltek's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

3. Corning (NYSE:GLW)


Corning (NYSE:GLW) has an annual dividend yield of 2.96%, which is 1 percentage points higher than the electronic component industry average of 1.77%. 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 47.9% indicates that its dividend yield is sustainable for the long-term.

Why are electronic component stocks down?

Electronic component stocks were down -1.04% in the last day, and up 1.73% over the last week. Plexus was the among the top losers in the electronic components industry, dropping -17.11% yesterday.

Plexus shares are trading lower after the company reported worse-than-expected Q1 sales results and issued Q2 EPS and revenue guidance below estimates.

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 63 points higher than the electronic component industry average of 37. It passed 7 out of 7 valuation due diligence checks.

Eltek's stock has gained 22.95% in the past year. It has overperformed other stocks in the electronic component industry by 25 percentage points.

2. Bel Fuse (NASDAQ:BELFA)


Bel Fuse (NASDAQ:BELFA) is the second most undervalued electronic component stock based on WallStreetZen's Valuation Score. Bel Fuse has a valuation score of 86, which is 49 points higher than the electronic component industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Bel Fuse's stock has gained 138.97% in the past year. It has overperformed other stocks in the electronic component industry by 141 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 49 points higher than the electronic component industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Nortech Systems's stock has gained 40.45% in the past year. It has overperformed other stocks in the electronic component industry by 43 percentage points.

Are electronic component stocks a good buy now?

41.38% of electronic component stocks rated by analysts are a buy right now. On average, analysts expect electronic component stocks to rise by 15.25% 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 20.52x.
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