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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
RELL
RICHARDSON ELECTRONICS LTD
$211.75M$15.50N/AN/AN/AN/A16.05%36.10%17.18%13.05%
LFUS
LITTELFUSE INC
$6.37B$257.61$290.0012.57%Hold110.09%19.43%19.63%12.30%
FLEX
FLEX LTD
$7.02B$15.35$22.0043.32%Strong Buy16.93%1.76%22.61%4.83%
CPSH
CPS TECHNOLOGIES CORP
$48.63M$3.37N/AN/AN/AN/AN/AN/AN/AN/A
LGL
LGL GROUP INC
$70.49M$13.15N/AN/AN/AN/AN/AN/AN/AN/A
ELTK
ELTEK LTD
$22.54M$3.86N/AN/AN/AN/AN/AN/AN/AN/A
CLS
CELESTICA INC
$1.23B$9.89$11.0011.22%Hold110.06%72.53%15.11%4.70%
DSWL
DESWELL INDUSTRIES INC
$52.47M$3.30N/AN/AN/AN/AN/AN/AN/AN/A
TTMI
TTM TECHNOLOGIES INC
$1.26B$12.44$17.0036.66%Buy23.95%59.15%9.21%4.38%
TEL
TE CONNECTIVITY LTD
$38.14B$118.39$157.8333.32%Buy63.55%0.47%24.90%12.12%
LYTS
LSI INDUSTRIES INC
$156.20M$5.86$13.17124.68%Strong Buy34.95%19.62%15.15%6.91%
FN
FABRINET
$3.06B$83.21$116.0039.41%Buy56.23%8.64%N/AN/A
VICR
VICOR CORP
$2.65B$60.37$150.00148.47%Buy2N/AN/AN/AN/A
NSYS
NORTECH SYSTEMS INC
$32.94M$12.28N/AN/AN/AN/AN/AN/AN/AN/A
OSIS
OSI SYSTEMS INC
$1.45B$84.90$123.0044.88%Strong Buy23.50%2.76%19.37%8.21%
JBL
JABIL INC
$7.72B$54.68$75.0037.16%Strong Buy65.30%12.05%45.44%6.09%
GLW
CORNING INC
$27.67B$32.76$46.6742.45%Strong Buy65.60%41.97%19.08%7.82%
APH
AMPHENOL CORP
$39.32B$65.85$81.8624.31%Buy75.04%3.95%31.13%13.45%
SGMA
SIGMATRON INTERNATIONAL INC
$44.38M$7.37N/AN/AN/AN/AN/AN/AN/AN/A
BELFA
BEL FUSE INC
$271.11M$21.66N/AN/ABuy1N/AN/AN/AN/A
SANM
SANMINA CORP
$2.58B$42.38$38.00-10.34%Sell1N/A-9.73%13.47%5.33%
ROG
ROGERS CORP
$4.88B$259.53$277.006.73%Hold46.11%23.49%16.39%11.49%
MMAT
META MATERIALS INC
$347.04M$1.17$3.63209.83%Strong Buy2121.38%N/A5.53%4.30%
MEI
METHODE ELECTRONICS INC
$1.46B$38.03$42.0010.44%Hold2N/AN/AN/AN/A
OUST
OUSTER INC
$335.17M$1.93$10.67452.69%Strong Buy399.86%N/A-43.93%-36.70%
AMOT
ALLIED MOTION TECHNOLOGIES INC
$357.93M$23.09$40.0073.24%Strong Buy113.84%19.00%14.57%5.71%
BHE
BENCHMARK ELECTRONICS INC
$799.98M$22.77$33.5047.12%Strong Buy2N/AN/AN/AN/A
PLXS
PLEXUS CORP
$2.25B$81.00$96.5019.14%Buy27.08%16.27%16.78%5.84%
DAIO
DATA I/O CORP
$25.87M$3.00$6.00100.00%Strong Buy1N/AN/AN/AN/A
OST
OSTIN TECHNOLOGY GROUP CO LTD
N/A$1.89N/AN/AN/AN/AN/AN/AN/AN/A
LINK
INTERLINK ELECTRONICS INC
$56.88M$8.62N/AN/AN/AN/AN/AN/AN/AN/A
CTS
CTS CORP
$1.07B$33.39$38.5015.30%Hold2N/AN/A17.04%11.95%
ATC
ATOTECH LTD
$3.74B$19.19$25.8034.45%Hold62.51%13.34%N/AN/A
KULR
KULR TECHNOLOGY GROUP INC
$183.01M$1.71$4.50163.16%Strong Buy1107.25%N/A-40.57%-33.42%
REFR
RESEARCH FRONTIERS INC
$55.39M$1.75N/AN/AN/AN/AN/AN/AN/AN/A
WBX
WALLBOX NV
$1.69B$10.44$19.4085.82%Strong Buy592.35%N/AN/AN/A
KOPN
KOPIN CORP
$120.41M$1.31$6.00358.02%Buy1N/AN/A-30.74%-19.82%
NEON
NEONODE INC
$72.22M$5.32N/AN/AStrong Buy1N/AN/AN/AN/A
VIAO
VIA OPTRONICS AG
$58.90M$2.60N/AN/AStrong Buy2N/AN/AN/AN/A
LPTH
LIGHTPATH TECHNOLOGIES INC
$34.89M$1.29$3.50171.32%Buy13.87%N/A-0.85%-0.52%
MTEK
MARIS TECH LTD
$9.14M$1.37N/AN/AN/AN/AN/AN/AN/AN/A

Electronic Component Stocks FAQ

What are the best electronic component stocks to buy right now in Jun 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 72, which is 31 points higher than the electronic component industry average of 41. It passed 27 out of 38 due diligence checks and has strong fundamentals. RICHARDSON ELECTRONICS has seen its stock return 79.61% over the past year, overperforming other electronic component stocks by 86 percentage points.

2. FLEX (NASDAQ:FLEX)


FLEX (NASDAQ:FLEX) 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 20 out of 33 due diligence checks and has strong fundamentals. FLEX has seen its stock lose -12.59% over the past year, underperforming other electronic component stocks by -7 percentage points.

FLEX has an average 1 year price target of $22.00, an upside of 43.32% from FLEX's current stock price of $15.35.

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.

3. LITTELFUSE (NASDAQ:LFUS)


LITTELFUSE (NASDAQ:LFUS) is the third 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 4.91% over the past year, overperforming other electronic component stocks by 11 percentage points.

LITTELFUSE has an average 1 year price target of $290.00, an upside of 12.57% from LITTELFUSE's current stock price of $257.61.

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.

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. LSI INDUSTRIES (NASDAQ:LYTS)


LSI INDUSTRIES (NASDAQ:LYTS) has an annual dividend yield of 3.41%, which is 2 percentage points higher than the electronic component industry average of 1.68%. 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.

2. CORNING (NYSE:GLW)


CORNING (NYSE:GLW) has an annual dividend yield of 3.11%, which is 1 percentage points higher than the electronic component industry average of 1.68%. 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.

3. DESWELL INDUSTRIES (NASDAQ:DSWL)


DESWELL INDUSTRIES (NASDAQ:DSWL) has an annual dividend yield of 3.03%, which is 1 percentage points higher than the electronic component industry average of 1.68%. 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 38.5% indicates that its dividend yield is sustainable for the long-term.

Why are electronic component stocks up?

Electronic component stocks were up 2.64% in the last day, and up 3.67% over the last week. CORNING was the among the top gainers in the electronic components industry, gaining 3.64% yesterday.

Shares of companies in the broader tech and software sectors are trading higher as stocks rebound following steep losses in recent weeks. The tech sector has been under pressure amid Fed rate hike policy, which has weighed on growth stock valuations.

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 -34.91% in the past year. It has underperformed other stocks in the electronic component industry by -29 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 -13.49% in the past year. It has underperformed other stocks in the electronic component industry by -8 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 -37.08% in the past year. It has underperformed other stocks in the electronic component industry by -31 percentage points.

Are electronic component stocks a good buy now?

46.67% of electronic component stocks rated by analysts are a strong buy right now. On average, analysts expect electronic component stocks to rise by 30.34% 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 20.08x.
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