According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best electronic & computer distribution stocks to buy right now are:
1. Avnet (NASDAQ:AVT)
Avnet (NASDAQ:AVT) is the #1 top electronic & computer distribution stock out of 9 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
Learn more.
The Component Grade breakdown for Avnet (NASDAQ:AVT) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: A.
Avnet (NASDAQ:AVT) has a Due Diligence Score of 44, which is 4 points higher than the electronic & computer distribution industry average of 40.
AVT passed 15 out of 38 due diligence checks and has strong fundamentals. Avnet has seen its stock return 32.02% over the past year, overperforming other electronic & computer distribution stocks by 31 percentage points.
Avnet has an average 1 year
price target of $54.33, a downside of -17.43% from Avnet's current stock price of $65.80.
Avnet stock has a consensus Sell recommendation according to Wall Street analysts. Of the 3 analysts covering Avnet, 0% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 33.33% have issued a Sell rating, and 33.33% have issued a Strong Sell.
2. Arrow Electronics (NYSE:ARW)
Arrow Electronics (NYSE:ARW) is the #2 top electronic & computer distribution stock out of 9 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
Learn more.
The Component Grade breakdown for Arrow Electronics (NYSE:ARW) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: B.
Arrow Electronics (NYSE:ARW) has a Due Diligence Score of 35, which is -5 points lower than the electronic & computer distribution industry average of 40. Although this number is below the industry average, our proven quant model rates ARW as a "B".
ARW passed 11 out of 33 due diligence checks and has average fundamentals. Arrow Electronics has seen its stock return 44.73% over the past year, overperforming other electronic & computer distribution stocks by 43 percentage points.
Arrow Electronics has an average 1 year
price target of $131.50, a downside of -15.72% from Arrow Electronics's current stock price of $156.02.
Arrow Electronics stock has a consensus Sell recommendation according to Wall Street analysts. Of the 2 analysts covering Arrow Electronics, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 50% have issued a Strong Sell.
3. Insight Enterprises (NASDAQ:NSIT)
The Component Grade breakdown for Insight Enterprises (NASDAQ:NSIT) is: Value: B, Growth: C, Momentum: D, Sentiment: C, Safety: C, Financials: B, and AI: A.
Insight Enterprises (NASDAQ:NSIT) has a Due Diligence Score of 33, which is -7 points lower than the electronic & computer distribution industry average of 40. Although this number is below the industry average, our proven quant model rates NSIT as a "B".
NSIT passed 10 out of 33 due diligence checks and has average fundamentals. Insight Enterprises has seen its stock lose -43.75% over the past year, underperforming other electronic & computer distribution stocks by -45 percentage points.
Insight Enterprises has an average 1 year
price target of $103.33, an upside of 9.61% from Insight Enterprises's current stock price of $94.27.
Insight Enterprises stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Insight Enterprises, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.