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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...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SCSC
SCANSOURCE INC
NASDAQ
Electronics & Computer Distribution
$748.80M$30.14-1.02%$171.97M8.44x1.29
AVT
AVNET INC
NASDAQ
Electronics & Computer Distribution
$4.37B$47.73-0.56%$1.38B5.70x1.63
TAIT
TAITRON COMPONENTS INC
NASDAQ
Electronics & Computer Distribution
$21.53M$3.592.57%$2.53M11.58x0.07
SNX
TD SYNNEX CORP
NYSE
Electronics & Computer Distribution
$9.62B$102.660.75%$1.55B14.60x2.38
NSIT
INSIGHT ENTERPRISES INC
NASDAQ
Electronics & Computer Distribution
$5.34B$150.010.46%$456.37M19.26x2.53
ARW
ARROW ELECTRONICS INC
NYSE
Electronics & Computer Distribution
$7.12B$127.900.28%$2.04B6.44x2.66
CLMB
CLIMB GLOBAL SOLUTIONS INC
NASDAQ
Electronics & Computer Distribution
$191.53M$41.922.44%$17.97M16.00x2.49
CNXN
PC CONNECTION INC
NASDAQ
Electronics & Computer Distribution
$1.40B$53.37-0.17%$115.23M18.47x0.47
AEY
ADDVANTAGE TECHNOLOGIES GROUP INC
NASDAQ
Electronics & Computer Distribution
$5.71M$0.38-2.31%-$2.93M-1.12x1.82
IZM
ICZOOM GROUP INC
NASDAQ
Electronics & Computer Distribution
$74.87M$7.25-0.41%$3.27M27.88x7.13
SNPO
SNAP ONE HOLDINGS CORP
NASDAQ
Electronics & Computer Distribution
$682.55M$8.93-1.00%$94.84M-34.35x1.16

Electronic & Computer Distribution Stocks FAQ

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

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

1. Scansource (NASDAQ:SCSC)


Scansource (NASDAQ:SCSC) is the top electronic & computer distribution stock with a Zen Score of 59, which is 19 points higher than the electronic & computer distribution industry average of 40. It passed 19 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 10.61% over the past year, underperforming other electronic & computer distribution stocks by -22 percentage points.

2. Avnet (NASDAQ:AVT)


Avnet (NASDAQ:AVT) is the second best electronic & computer distribution stock with a Zen Score of 53, which is 13 points higher than the electronic & computer distribution industry average of 40. It passed 19 out of 38 due diligence checks and has strong fundamentals. Avnet has seen its stock return 25.97% over the past year, underperforming other electronic & computer distribution stocks by -7 percentage points.

Avnet has an average 1 year price target of $46.67, a downside of -2.23% from Avnet's current stock price of $47.73.

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, 66.67% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.

3. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) is the third best electronic & computer distribution stock with a Zen Score of 51, which is 11 points higher than the electronic & computer distribution industry average of 40. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -5.03% over the past year, underperforming other electronic & computer distribution stocks by -38 percentage points.

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 6.96%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.77%. 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 64.5% 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 2.47%, which is the same as the electronic & computer distribution industry average of 2.77%. 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 13.9% 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 2.03%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.77%. 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 not shown consistent growth over the last 10 years.

Climb Global Solutions's dividend payout ratio of 26% indicates that its dividend yield is sustainable for the long-term.

Why are electronic & computer distribution stocks up?

Electronic & computer distribution stocks were up 0.37% in the last day, and up 0.96% 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 86, which is 51 points higher than the electronic & computer distribution industry average of 35. It passed 6 out of 7 valuation due diligence checks.

Scansource's stock has gained 10.61% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -22 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 22 points higher than the electronic & computer distribution industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -5.03% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -38 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 57, which is 22 points higher than the electronic & computer distribution industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Avnet's stock has gained 25.97% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -7 percentage points.

Are electronic & computer distribution stocks a good buy now?

50% of electronic & computer distribution stocks rated by analysts are a hold right now. On average, analysts expect electronic & computer distribution stocks to rise by 5.07% 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 11.1x.
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