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.