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Best Electronic & Computer Distribution Stocks to Buy Now (2022)
Top electronic & computer distribution stocks in 2022 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
$23.62M$3.942.34%$2.44M6.16x0.08
WSTG
WAYSIDE TECHNOLOGY GROUP INC
NASDAQ
Electronics & Computer Distribution
$127.27M$28.460.57%$16.77M11.07x2.29
ARW
ARROW ELECTRONICS INC
NYSE
Electronics & Computer Distribution
$6.26B$97.53-0.68%$2.15B4.81x2.71
AVT
AVNET INC
NASDAQ
Electronics & Computer Distribution
$3.69B$38.96-0.18%$1.09B5.55x1.48
CNXN
PC CONNECTION INC
NASDAQ
Electronics & Computer Distribution
$1.23B$46.820.04%$135.51M13.65x0.54
SCSC
SCANSOURCE INC
NASDAQ
Electronics & Computer Distribution
$697.94M$27.71-0.40%$155.13M7.96x1.40
AEY
ADDVANTAGE TECHNOLOGIES GROUP INC
NASDAQ
Electronics & Computer Distribution
$27.22M$2.0511.41%-$871.00k-14.64x1.87
SNPO
SNAP ONE HOLDINGS CORP
NASDAQ
Electronics & Computer Distribution
$821.50M$10.83-0.09%$53.92M-23.54x1.16
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Electronic & Computer Distribution Stocks FAQ

What are the best electronic & computer distribution stocks to buy right now in Oct 2022?

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 1.29% over the past year, overperforming other electronic & computer distribution stocks by 10 percentage points.

2. Wayside Technology Group (NASDAQ:WSTG)


Wayside Technology Group (NASDAQ:WSTG) is the second 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 38 due diligence checks and has strong fundamentals. Wayside Technology Group has seen its stock return 7.36% over the past year, overperforming other electronic & computer distribution stocks by 16 percentage points.

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 -15.11% over the past year, underperforming other electronic & computer distribution stocks by -6 percentage points.

Arrow Electronics has an average 1 year price target of $121.00, an upside of 24.06% from Arrow Electronics's current stock price of $97.53.

Arrow Electronics stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Arrow Electronics, 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.

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 7.11%, which is 4 percentage points higher than the electronic & computer distribution industry average of 3.58%. 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 43.8% 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 2.7%, which is -1 percentage points lower than the electronic & computer distribution industry average of 3.58%. 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 14.2% indicates that its dividend yield is sustainable for the long-term.

3. Wayside Technology Group (NASDAQ:WSTG)


Wayside Technology Group (NASDAQ:WSTG) has an annual dividend yield of 2.39%, which is -1 percentage points lower than the electronic & computer distribution industry average of 3.58%. Wayside Technology Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Wayside Technology Group's dividend has shown consistent growth over the last 10 years.

Wayside Technology Group's dividend payout ratio of 26.5% indicates that its dividend yield is sustainable for the long-term.

Why are electronic & computer distribution stocks down?

Electronic & computer distribution stocks were down -0.15% in the last day, and up 5% 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. 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 34 points higher than the electronic & computer distribution industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Scansource's stock has dropped -21.97% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -13 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 20 points higher than the electronic & computer distribution industry average of 37. It passed 4 out of 7 valuation due diligence checks.

Taitron Components's stock has gained 1.29% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 10 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 20 points higher than the electronic & computer distribution industry average of 37. It passed 4 out of 7 valuation due diligence checks.

Avnet's stock has gained 3.45% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 12 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 31.75% 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 4.25x.
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