WallStreetZenWallStreetZen

Sectors & IndustriesTechnologyElectronics & Computer Distribution
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...
Overview
Zen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SCSC
SCANSOURCE INC
NASDAQ
Electronics & Computer Distribution
$913.54M$36.59-0.16%$160.96M11.29x1.07
TAIT
TAITRON COMPONENTS INC
NASDAQ
Electronics & Computer Distribution
$20.29M$3.37-1.17%$2.41M11.23x0.07
AVT
AVNET INC
NASDAQ
Electronics & Computer Distribution
$4.30B$47.501.32%$1.43B5.45x1.62
CLMB
CLIMB GLOBAL SOLUTIONS INC
NASDAQ
Electronics & Computer Distribution
$244.09M$53.302.03%$17.96M20.19x2.44
NSIT
INSIGHT ENTERPRISES INC
NASDAQ
Electronics & Computer Distribution
$5.62B$172.371.39%$460.06M21.55x2.12
ARW
ARROW ELECTRONICS INC
NYSE
Electronics & Computer Distribution
$6.49B$119.781.50%$1.87B6.62x2.75
SNX
TD SYNNEX CORP
NYSE
Electronics & Computer Distribution
$9.29B$100.571.75%$1.55B14.43x2.41
CNXN
PC CONNECTION INC
NASDAQ
Electronics & Computer Distribution
$1.71B$65.211.92%$118.16M21.88x0.44
IZM
ICZOOM GROUP INC
NASDAQ
Electronics & Computer Distribution
$117.29M$11.311.98%$3.16M59.53x4.67
AEY
ADDVANTAGE TECHNOLOGIES GROUP INC
NASDAQ
Electronics & Computer Distribution
$4.62M$3.09-1.28%-$7.04M-0.48x2.87
SNPO
SNAP ONE HOLDINGS CORP
NASDAQ
Electronics & Computer Distribution
$554.85M$7.25-0.68%$98.97M-27.88x1.12
1

Electronic & Computer Distribution Stocks FAQ

What are the best electronic & computer distribution stocks to buy right now in Dec 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 58, which is 20 points higher than the electronic & computer distribution industry average of 38. It passed 18 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 21.68% over the past year, underperforming other electronic & computer distribution stocks by -4 percentage points.

Scansource has an average 1 year price target of $35.00, a downside of -4.35% from Scansource's current stock price of $36.59.

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.

2. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) is the second best electronic & computer distribution stock with a Zen Score of 51, which is 13 points higher than the electronic & computer distribution industry average of 38. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -4.8% over the past year, underperforming other electronic & computer distribution stocks by -30 percentage points.

3. Avnet (NASDAQ:AVT)


Avnet (NASDAQ:AVT) is the third best electronic & computer distribution stock with a Zen Score of 48, which is 10 points higher than the electronic & computer distribution industry average of 38. It passed 17 out of 38 due diligence checks and has strong fundamentals. Avnet has seen its stock return 9.47% over the past year, underperforming other electronic & computer distribution stocks by -16 percentage points.

Avnet has an average 1 year price target of $46.67, a downside of -1.75% from Avnet's current stock price of $47.50.

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.

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 5.93%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.32%. 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 66.7% 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 2.53%, which is the same as the electronic & computer distribution industry average of 2.32%. 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 13.5% 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 1.39%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.32%. 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 19.4% indicates that its dividend yield is sustainable for the long-term.

Why are electronic & computer distribution stocks up?

Electronic & computer distribution stocks were up 1.44% in the last day, and up 4.72% 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 42 points higher than the electronic & computer distribution industry average of 44. It passed 6 out of 7 valuation due diligence checks.

Scansource's stock has gained 21.68% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -4 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 71, which is 27 points higher than the electronic & computer distribution industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -4.8% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -30 percentage points.

3. Climb Global Solutions (NASDAQ:CLMB)


Climb Global Solutions (NASDAQ:CLMB) is the third most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Climb Global Solutions has a valuation score of 57, which is 13 points higher than the electronic & computer distribution industry average of 44. It passed 4 out of 7 valuation due diligence checks.

Climb Global Solutions's stock has gained 62.5% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 37 percentage points.

Are electronic & computer distribution stocks a good buy now?

71.43% of electronic & computer distribution stocks rated by analysts are a buy right now. On average, analysts expect electronic & computer distribution stocks to rise by 6.44% 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 12.5x.
©2023 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.