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Best Electronic & Computer Distribution Stocks to Buy Now (2023)
Top electronic & computer distribution stocks in 2023 ranked by overall Zen Score. See the best electronic & computer distribution stocks to buy now, according to analyst forecasts for the electronics & computer distribution industry.

Industry: Electronics & Computer Di...
Overview
Zen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
TAIT
TAITRON COMPONENTS INC
NASDAQ
Electronics & Computer Distribution
$22.67M$3.78-2.15%$2.35M6.30x0.07
SCSC
SCANSOURCE INC
NASDAQ
Electronics & Computer Distribution
$830.82M$32.911.51%$159.35M9.22x1.42
ARW
ARROW ELECTRONICS INC
NYSE
Electronics & Computer Distribution
$7.22B$117.400.77%$2.24B5.45x2.90
AVT
AVNET INC
NASDAQ
Electronics & Computer Distribution
$4.21B$45.971.50%$1.21B5.85x1.73
CLMB
CLIMB GLOBAL SOLUTIONS INC
NASDAQ
Electronics & Computer Distribution
$159.50M$35.62-0.39%$17.00M14.13x2.74
CNXN
PC CONNECTION INC
NASDAQ
Electronics & Computer Distribution
$1.27B$48.40-0.02%$140.30M13.67x0.50
AEY
ADDVANTAGE TECHNOLOGIES GROUP INC
NASDAQ
Electronics & Computer Distribution
$20.89M$1.490.68%$156.00k-16.56x1.24
SNPO
SNAP ONE HOLDINGS CORP
NASDAQ
Electronics & Computer Distribution
$691.06M$9.101.68%$83.75M-56.88x1.21
1

Electronic & Computer Distribution Stocks FAQ

What are the best electronic & computer distribution stocks to buy right now in Jan 2023?

According to Zen Score, the 3 best electronic & computer distribution stocks to buy right now are:

1. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) is the top electronic & computer distribution stock with a Zen Score of 61, which is 19 points higher than the electronic & computer distribution industry average of 42. It passed 22 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock return 10.2% over the past year, overperforming other electronic & computer distribution stocks by 6 percentage points.

2. Scansource (NASDAQ:SCSC)


Scansource (NASDAQ:SCSC) is the second best electronic & computer distribution stock with a Zen Score of 51, which is 9 points higher than the electronic & computer distribution industry average of 42. It passed 16 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 6.71% over the past year, overperforming other electronic & computer distribution stocks by 3 percentage points.

Scansource has an average 1 year price target of $40.00, an upside of 21.54% from Scansource's current stock price of $32.91.

Scansource stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Scansource, 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.

3. Arrow Electronics (NYSE:ARW)


Arrow Electronics (NYSE:ARW) is the third best electronic & computer distribution stock with a Zen Score of 49, which is 7 points higher than the electronic & computer distribution industry average of 42. It passed 17 out of 33 due diligence checks and has strong fundamentals. Arrow Electronics has seen its stock lose -2% over the past year, underperforming other electronic & computer distribution stocks by -6 percentage points.

Arrow Electronics has an average 1 year price target of $108.25, a downside of -7.79% from Arrow Electronics's current stock price of $117.40.

Arrow Electronics stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Arrow Electronics, 0% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 25% have issued a Strong Sell.

What are the electronic & computer distribution stocks with highest dividends?

Out of 4 electronic & computer distribution stocks that have issued dividends in the past year, the 3 electronic & computer distribution stocks with the highest dividend yields are:

1. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) has an annual dividend yield of 8.86%, which is 5 percentage points higher than the electronic & computer distribution industry average of 3.59%. Taitron Components's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Taitron Components's dividend has shown consistent growth over the last 10 years.

Taitron Components's dividend payout ratio of 55.8% indicates that its high dividend yield is sustainable for the long-term.

2. Avnet (NASDAQ:AVT)


Avnet (NASDAQ:AVT) has an annual dividend yield of 2.39%, which is -1 percentage points lower than the electronic & computer distribution industry average of 3.59%. Avnet's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Avnet's dividend has shown consistent growth over the last 10 years.

Avnet's dividend payout ratio of 13.4% indicates that its dividend yield is sustainable for the long-term.

3. Climb Global Solutions (NASDAQ:CLMB)


Climb Global Solutions (NASDAQ:CLMB) has an annual dividend yield of 2.39%, which is -1 percentage points lower than the electronic & computer distribution industry average of 3.59%. Climb Global Solutions's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Climb Global Solutions's dividend has shown consistent growth over the last 10 years.

Climb Global Solutions's dividend payout ratio of 27% indicates that its dividend yield is sustainable for the long-term.

Why are electronic & computer distribution stocks up?

Electronic & computer distribution stocks were up 0.68% in the last day, and up 1.91% over the last week.

We couldn't find a catalyst for why electronic & computer distribution stocks are up.

What are the most undervalued electronic & computer distribution stocks?

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

1. Scansource (NASDAQ:SCSC)


Scansource (NASDAQ:SCSC) is the most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Scansource has a valuation score of 71, which is 35 points higher than the electronic & computer distribution industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Scansource's stock has gained 6.71% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 3 percentage points.

2. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) is the second most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Taitron Components has a valuation score of 57, which is 21 points higher than the electronic & computer distribution industry average of 36. It passed 4 out of 7 valuation due diligence checks.

Taitron Components's stock has gained 10.2% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 6 percentage points.

3. Avnet (NASDAQ:AVT)


Avnet (NASDAQ:AVT) is the third most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Avnet has a valuation score of 43, which is 7 points higher than the electronic & computer distribution industry average of 36. It passed 3 out of 7 valuation due diligence checks.

Avnet's stock has gained 17.21% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 13 percentage points.

Are electronic & computer distribution stocks a good buy now?

66.67% of electronic & computer distribution stocks rated by analysts are a buy right now. On average, analysts expect electronic & computer distribution stocks to rise by 4.98% over the next year.

What is the average p/e ratio of the electronics & computer distribution industry?

The average P/E ratio of the electronics & computer distribution industry is 3.59x.
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