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Best Electronic & Computer Distribution Stocks to Buy Now (2024)
Top electronic & computer distribution stocks in 2024 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...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
TAIT
TAITRON COMPONENTS INC
NASDAQ
Electronics & Computer Distribution
$17.28M$2.870.17%$2.02M11.04x0.05
CLMB
CLIMB GLOBAL SOLUTIONS INC
NASDAQ
Electronics & Computer Distribution
$404.61M$87.83-3.11%$21.08M29.08x2.79
SNX
TD SYNNEX CORP
NYSE
Electronics & Computer Distribution
$9.48B$110.97-2.07%$1.51B15.52x2.48
NSIT
INSIGHT ENTERPRISES INC
NASDAQ
Electronics & Computer Distribution
$6.50B$199.34-1.85%$535.67M21.27x2.98
AVT
AVNET INC
NASDAQ
Electronics & Computer Distribution
$4.47B$50.74-2.10%$1.06B9.21x1.48
SCSC
SCANSOURCE INC
NASDAQ
Electronics & Computer Distribution
$1.12B$46.50-2.78%$140.88M15.00x0.93
CNXN
PC CONNECTION INC
NASDAQ
Electronics & Computer Distribution
$1.82B$69.16-1.78%$133.39M20.52x0.47
ARW
ARROW ELECTRONICS INC
NYSE
Electronics & Computer Distribution
$6.70B$126.47-1.98%$1.23B11.78x2.49
IZM
ICZOOM GROUP INC
NASDAQ
Electronics & Computer Distribution
$23.44M$2.263.43%$1.52M113.00x3.15

Electronic & Computer Distribution Stocks FAQ

What are the best electronic & computer distribution stocks to buy right now in Sep 2024?

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 52, which is 11 points higher than the electronic & computer distribution industry average of 41. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -18.23% over the past year, underperforming other electronic & computer distribution stocks by -39 percentage points.

2. Td Synnex (NYSE:SNX)


Td Synnex (NYSE:SNX) is the second best electronic & computer distribution stock with a Zen Score of 49, which is 8 points higher than the electronic & computer distribution industry average of 41. It passed 18 out of 38 due diligence checks and has strong fundamentals. Td Synnex has seen its stock return 10.36% over the past year, underperforming other electronic & computer distribution stocks by -11 percentage points.

Td Synnex has an average 1 year price target of $132.60, an upside of 19.49% from Td Synnex's current stock price of $110.97.

Td Synnex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Td Synnex, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Climb Global Solutions (NASDAQ:CLMB)


Climb Global Solutions (NASDAQ:CLMB) is the third best electronic & computer distribution stock with a Zen Score of 49, which is 8 points higher than the electronic & computer distribution industry average of 41. It passed 19 out of 38 due diligence checks and has strong fundamentals. Climb Global Solutions has seen its stock return 104.21% over the past year, overperforming other electronic & computer distribution stocks by 83 percentage points.

Climb Global Solutions has an average 1 year price target of $90.00, an upside of 2.47% from Climb Global Solutions's current stock price of $87.83.

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

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

Out of 5 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 6.97%, which is 5 percentage points higher than the electronic & computer distribution industry average of 2.43%. 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 57.7% 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 2.44%, which is the same as the electronic & computer distribution industry average of 2.43%. 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 22.5% indicates that its dividend yield is sustainable for the long-term.

3. Td Synnex (NYSE:SNX)


Td Synnex (NYSE:SNX) has an annual dividend yield of 1.4%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.43%. Td Synnex's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Td Synnex's dividend has shown consistent growth over the last 10 years.

Td Synnex's dividend payout ratio of 21% indicates that its dividend yield is sustainable for the long-term.

Why are electronic & computer distribution stocks down?

Electronic & computer distribution stocks were down -2.12% in the last day, and down -7.52% over the last week.

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

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. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) is the most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Taitron Components has a valuation score of 71, which is 33 points higher than the electronic & computer distribution industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -18.23% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -39 percentage points.

2. Arrow Electronics (NYSE:ARW)


Arrow Electronics (NYSE:ARW) is the second most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Arrow Electronics has a valuation score of 57, which is 19 points higher than the electronic & computer distribution industry average of 38. It passed 4 out of 7 valuation due diligence checks.

Arrow Electronics's stock has dropped -2.63% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -24 percentage points.

3. Td Synnex (NYSE:SNX)


Td Synnex (NYSE:SNX) is the third most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Td Synnex has a valuation score of 57, which is 19 points higher than the electronic & computer distribution industry average of 38. It passed 4 out of 7 valuation due diligence checks.

Td Synnex's stock has gained 10.36% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -11 percentage points.

Are electronic & computer distribution stocks a good buy now?

40% of electronic & computer distribution stocks rated by analysts are a buy right now. On average, analysts expect electronic & computer distribution stocks to rise by 7.88% 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 15.53x.
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