WallStreetZenWallStreetZen

Sectors & IndustriesTechnologyElectronic Components
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
RELL
RICHARDSON ELECTRONICS LTD
NASDAQ
Electronic Components
$191.45M$13.41-3.59%$21.99M10.81x0.22
SANM
SANMINA CORP
NASDAQ
Electronic Components
$2.83B$49.801.03%$556.35M9.29x1.18
MPTI
M-TRON INDUSTRIES INC
NYSEMKT
Electronic Components
$86.28M$30.95-4.12%$5.72M23.10x0.23
LFUS
LITTELFUSE INC
NASDAQ
Electronic Components
$6.05B$243.070.84%$547.71M19.46x0.67
PLXS
PLEXUS CORP
NASDAQ
Electronic Components
$2.79B$101.730.81%$262.31M20.18x1.74
OLED
UNIVERSAL DISPLAY CORP
NASDAQ
Electronic Components
$8.30B$175.250.01%$297.77M40.57x0.17
DSWL
DESWELL INDUSTRIES INC
NASDAQ
Electronic Components
$40.79M$2.560.00%$7.93M6.65x0.22
FN
FABRINET
NYSE
Electronic Components
$6.04B$166.250.69%$310.82M24.38x0.32
BELFA
BEL FUSE INC
NASDAQ
Electronic Components
$690.35M$54.050.00%$103.84M9.50x0.74
OSIS
OSI SYSTEMS INC
NASDAQ
Electronic Components
$2.08B$122.39-0.07%$178.08M22.01x1.19
LYTS
LSI INDUSTRIES INC
NASDAQ
Electronic Components
$386.39M$13.360.30%$47.75M13.77x0.62
TEL
TE CONNECTIVITY LTD
NYSE
Electronic Components
$41.43B$133.320.72%$3.15B22.00x0.87
CTS
CTS CORP
NYSE
Electronic Components
$1.27B$40.850.57%$110.96M21.39x0.44
ROG
ROGERS CORP
NYSE
Electronic Components
$2.42B$130.071.86%$190.05M24.18x0.26
ELTK
ELTEK LTD
NASDAQ
Electronic Components
$73.55M$12.45-1.27%$7.41M12.58x0.71
CLS
CELESTICA INC
NYSE
Electronic Components
$3.24B$27.192.03%$500.80M16.18x2.31
BHE
BENCHMARK ELECTRONICS INC
NYSE
Electronic Components
$915.24M$25.650.43%$159.13M13.43x1.20
DAKT
DAKTRONICS INC
NASDAQ
Electronic Components
$389.30M$8.43-0.12%$73.85M8.26x1.29
VICR
VICOR CORP
NASDAQ
Electronic Components
$1.71B$38.39-1.94%$76.30M32.26x0.11
ALNT
ALLIENT INC
NASDAQ
Electronic Components
$452.62M$27.921.09%$68.21M18.86x1.46
FLEX
FLEX LTD
NASDAQ
Electronic Components
$11.16B$25.671.06%$1.43B14.59x2.47
JBL
JABIL INC
NYSE
Electronic Components
$15.23B$119.002.22%$2.39B19.35x5.78
CPSH
CPS TECHNOLOGIES CORP
NASDAQ
Electronic Components
$34.56M$2.382.15%$2.38M23.80x0.31
APH
AMPHENOL CORP
NYSE
Electronic Components
$55.78B$93.230.81%$2.95B28.95x1.00
MMAT
META MATERIALS INC
NASDAQ
Electronic Components
$31.88M$0.076.56%-$327.63M-0.09x0.31
DAIO
DATA I/O CORP
NASDAQ
Electronic Components
$27.96M$3.10-0.29%$1.58M34.44x0.34
GLW
CORNING INC
NYSE
Electronic Components
$24.84B$29.110.34%$2.48B42.19x1.45
NEON
NEONODE INC
NASDAQ
Electronic Components
$23.50M$1.53-6.13%-$5.71M-4.25x0.08
LINK
INTERLINK ELECTRONICS INC
NASDAQ
Electronic Components
$77.50M$11.795.27%$1.78M69.35x0.15
MEI
METHODE ELECTRONICS INC
NYSE
Electronic Components
$766.10M$21.52-2.76%$39.10M-29.48x0.76
LPTH
LIGHTPATH TECHNOLOGIES INC
NASDAQ
Electronic Components
$51.15M$1.377.48%-$394.80k-11.38x0.59
WBX
WALLBOX NV
NYSE
Electronic Components
$369.83M$1.88-5.53%-$198.88M-2.42x1.75
OUST
OUSTER INC
NYSE
Electronic Components
$238.86M$5.872.26%-$350.04M-0.47x0.66
TTMI
TTM TECHNOLOGIES INC
NASDAQ
Electronic Components
$1.52B$14.872.69%$210.79M-51.28x1.18
LGL
LGL GROUP INC
NYSEMKT
Electronic Components
$27.92M$5.22-1.23%-$421.00k104.30x0.03
REFR
RESEARCH FRONTIERS INC
NASDAQ
Electronic Components
$33.84M$1.010.00%-$1.73M-20.20x0.10
IMTE
INTEGRATED MEDIA TECHNOLOGY LTD
NASDAQ
Electronic Components
$6.00M$2.90-3.01%-$6.43M-56.86x0.35
MTEK
MARIS TECH LTD
NASDAQ
Electronic Components
$8.19M$1.04-0.10%-$3.62M-2.26x0.47
KULR
KULR TECHNOLOGY GROUP INC
NYSEMKT
Electronic Components
$39.64M$0.31-6.06%-$20.27M-1.55x9.50
VIAO
VIA OPTRONICS AG
NYSE
Electronic Components
$20.39M$0.909.49%N/A-1.86x1.69
SGMA
SIGMATRON INTERNATIONAL INC
NASDAQ
Electronic Components
$18.59M$3.05-16.78%-$3.18M-0.85x2.79
KOPN
KOPIN CORP
NASDAQ
Electronic Components
$178.54M$1.56-1.27%-$18.71M-8.21x0.59
HOLO
MICROCLOUD HOLOGRAM INC
NASDAQ
Electronic Components
$21.39M$0.42-3.22%N/AN/A0.48
OST
OSTIN TECHNOLOGY GROUP CO LTD
NASDAQ
Electronic Components
$12.61M$0.90-4.26%-$2.45M-1.96x1.88
OPTX
SYNTEC OPTICS HOLDINGS INC
NASDAQ
Electronic Components
$35.12M$5.720.35%$551.30k-190.67x-1.48

Electronic Component Stocks FAQ

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

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 66, which is 29 points higher than the electronic component industry average of 37. It passed 25 out of 38 due diligence checks and has strong fundamentals. Richardson Electronics has seen its stock lose -48.22% over the past year, underperforming other electronic component stocks by -60 percentage points.

2. Sanmina (NASDAQ:SANM)


Sanmina (NASDAQ:SANM) is the second best electronic component stock with a Zen Score of 58, which is 21 points higher than the electronic component industry average of 37. It passed 18 out of 33 due diligence checks and has strong fundamentals. Sanmina has seen its stock lose -21.57% over the past year, underperforming other electronic component stocks by -33 percentage points.

3. M Tron Industries (NYSEMKT:MPTI)


M Tron Industries (NYSEMKT:MPTI) is the third best electronic component stock with a Zen Score of 56, which is 19 points higher than the electronic component industry average of 37. It passed 18 out of 33 due diligence checks and has strong fundamentals. M Tron Industries has seen its stock return 236.71% over the past year, overperforming other electronic component stocks by 225 percentage points.

What are the electronic component stocks with highest dividends?

Out of 15 electronic component stocks that have issued dividends in the past year, the 3 electronic component stocks with the highest dividend yields are:

1. Eltek (NASDAQ:ELTK)


Eltek (NASDAQ:ELTK) has an annual dividend yield of N/A, which is N/A percentage points lower than the electronic component industry average of 1.86%.

Eltek's dividend payout ratio of 17.2% indicates that its dividend yield is sustainable for the long-term.

2. Deswell Industries (NASDAQ:DSWL)


Deswell Industries (NASDAQ:DSWL) has an annual dividend yield of 7.81%, which is 6 percentage points higher than the electronic component industry average of 1.86%. Deswell Industries's dividend payout is not stable, having dropped more than 10% two 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 51.9% indicates that its high dividend yield is sustainable for the long-term.

3. Corning (NYSE:GLW)


Corning (NYSE:GLW) has an annual dividend yield of 3.85%, which is 2 percentage points higher than the electronic component industry average of 1.86%. 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 160.9% indicates that its dividend yield might not be sustainable for the long-term.

Why are electronic component stocks up?

Electronic component stocks were up 0.54% in the last day, and down -0.16% over the last week.

We couldn't find a catalyst for why electronic component stocks are up.

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. Richardson Electronics (NASDAQ:RELL)


Richardson Electronics (NASDAQ:RELL) is the most undervalued electronic component stock based on WallStreetZen's Valuation Score. Richardson Electronics 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.

Richardson Electronics's stock has dropped -48.22% in the past year. It has underperformed other stocks in the electronic component industry by -60 percentage points.

2. Sanmina (NASDAQ:SANM)


Sanmina (NASDAQ:SANM) is the second most undervalued electronic component stock based on WallStreetZen's Valuation Score. Sanmina 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.

Sanmina's stock has dropped -21.57% in the past year. It has underperformed other stocks in the electronic component industry by -33 percentage points.

3. Daktronics (NASDAQ:DAKT)


Daktronics (NASDAQ:DAKT) is the third most undervalued electronic component stock based on WallStreetZen's Valuation Score. Daktronics 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.

Daktronics's stock has gained 381.71% in the past year. It has overperformed other stocks in the electronic component industry by 370 percentage points.

Are electronic component stocks a good buy now?

47.62% of electronic component stocks rated by analysts are a buy right now. On average, analysts expect electronic component stocks to rise by 16.22% 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 25.5x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.