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. Scansource (NASDAQ:SCSC)
Scansource (NASDAQ:SCSC) is the #1 top electronic & computer distribution stock out of 10 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Scansource (NASDAQ:SCSC) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: B.
Scansource (NASDAQ:SCSC) has a Due Diligence Score of 54, which is 16 points higher than the electronic & computer distribution industry average of 38.
SCSC passed 17 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock lose -14.87% over the past year, underperforming other electronic & computer distribution stocks by -2 percentage points.
Scansource has an average 1 year
price target of $43.00, an upside of 4.34% from Scansource's current stock price of $41.21.
Scansource stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Scansource, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Climb Global Solutions (NASDAQ:CLMB)
The Component Grade breakdown for Climb Global Solutions (NASDAQ:CLMB) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: D, Financials: C, and AI: C.
Climb Global Solutions (NASDAQ:CLMB) has a Due Diligence Score of 58, which is 20 points higher than the electronic & computer distribution industry average of 38.
CLMB passed 23 out of 38 due diligence checks and has strong fundamentals. Climb Global Solutions has seen its stock return 24.31% over the past year, overperforming other electronic & computer distribution stocks by 37 percentage points.
Climb Global Solutions has an average 1 year
price target of $136.00, an upside of 2.22% from Climb Global Solutions's current stock price of $133.05.
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.
3. Arrow Electronics (NYSE:ARW)
Arrow Electronics (NYSE:ARW) is the #3 top electronic & computer distribution stock out of 10 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Arrow Electronics (NYSE:ARW) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.
Arrow Electronics (NYSE:ARW) has a Due Diligence Score of 32, which is -6 points lower than the electronic & computer distribution industry average of 38. Although this number is below the industry average, our proven quant model rates ARW as a "B".
ARW passed 10 out of 33 due diligence checks and has average fundamentals. Arrow Electronics has seen its stock lose -15.71% over the past year, underperforming other electronic & computer distribution stocks by -3 percentage points.
Arrow Electronics has an average 1 year
price target of $110.00, a downside of -3.21% from Arrow Electronics's current stock price of $113.65.
Arrow Electronics stock has a consensus Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Arrow Electronics, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 100% have issued a Sell rating, and 0% have issued a Strong Sell.