Sectors & Industries TechnologyElectronics & Computer Distribution
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...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
SCSC	SCANSOURCE INC	$42.44	158,981	52.65%	42.20	41.54	42.33	40.70	35.86	53.15	39.99	40.94	45.32	46.17	0.03	-0.05	0.08	1.18
TAIT	TAITRON COMPONENTS INC	$3.15	2,658	-44.27%	3.16	3.16	3.19	3.25	3.43	45.67	32.78	38.52	47.35	62.95	-0.01	-0.01	0.00	0.47
ARW	ARROW ELECTRONICS INC	$122.71	815,024	-3.11%	125.80	125.55	123.27	120.05	122.48	43.68	51.38	68.89	35.83	64.34	0.61	0.88	-0.28	1.09
AVT	AVNET INC	$48.64	795,214	-29.20%	48.70	48.23	47.79	47.59	47.55	52.58	49.60	62.17	45.74	63.48	0.32	0.27	0.05	1.12
CLMB	CLIMB GLOBAL SOLUTIONS INC	$59.09	51,582	467.08%	65.57	66.74	66.92	61.25	52.72	31.52	35.09	38.43	16.87	31.88	-0.90	-0.24	-0.66	0.54
NSIT	INSIGHT ENTERPRISES INC	$178.42	456,422	-34.38%	181.93	182.66	184.36	183.41	166.14	42.19	32.59	36.16	28.54	35.13	-1.40	-0.80	-0.60	0.95
CNXN	PC CONNECTION INC	$59.29	101,971	92.07%	62.99	63.36	64.73	65.36	59.88	30.27	21.10	32.16	17.14	34.15	-0.84	-0.56	-0.28	0.78
IZM	ICZOOM GROUP INC	$2.71	402,560	-13.65%	3.06	17.26	12.52	11.21	10.05	36.68	0.42	0.63	0.47	0.61	-4.18	-2.13	-2.05	-0.67
SNX	TD SYNNEX CORP	$116.42	1,035,743	1.60%	116.46	115.58	110.16	107.00	102.35	56.84	66.11	77.40	36.61	59.89	1.81	2.04	-0.23	1.12
SNPO	SNAP ONE HOLDINGS CORP	$10.59	127,472	-65.54%	17.58	17.75	18.13	17.93	17.11	51.78	73.09	56.88	95.11	87.81	-0.16	-0.22	0.06	1.44

Electronic & Computer Distribution Stocks FAQ

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

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 52, which is 13 points higher than the electronic & computer distribution industry average of 39. It passed 16 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 56.89% over the past year, overperforming other electronic & computer distribution stocks by 26 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -16.35% from Scansource's current stock price of $42.44.

Scansource stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Scansource, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% 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 12 points higher than the electronic & computer distribution industry average of 39. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -14.4% over the past year, underperforming other electronic & computer distribution stocks by -46 percentage points.

3. Arrow Electronics (NYSE:ARW)

Arrow Electronics (NYSE:ARW) is the third best electronic & computer distribution stock with a Zen Score of 47, which is 8 points higher than the electronic & computer distribution industry average of 39. It passed 15 out of 33 due diligence checks and has strong fundamentals. Arrow Electronics has seen its stock return 6.96% over the past year, underperforming other electronic & computer distribution stocks by -24 percentage points.

Arrow Electronics has an average 1 year price target of $124.00, an upside of 1.05% from Arrow Electronics's current stock price of $122.71.

Arrow Electronics stock has a consensus Hold 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, 100% 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 6.35%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.37%. 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 2.51%, which is the same as the electronic & computer distribution industry average of 2.37%. 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 16.3% 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 1.29%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.37%. 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 -0.59% in the last day, and down -3.57% over the last week. Climb Global Solutions was the among the top losers in the electronics & computer distribution industry, dropping -10.52% yesterday.

Climb Global Solutions shares are trading lower after the company reported worse-than-expected Q1 financial results.

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. Arrow Electronics (NYSE:ARW)

Arrow Electronics (NYSE:ARW) is the most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Arrow Electronics has a valuation score of 71, which is 30 points higher than the electronic & computer distribution industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Arrow Electronics's stock has gained 6.96% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -24 percentage points.

2. Scansource (NASDAQ:SCSC)

Scansource (NASDAQ:SCSC) is the second most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Scansource has a valuation score of 71, which is 30 points higher than the electronic & computer distribution industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Scansource's stock has gained 56.89% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 26 percentage points.

3. Taitron Components (NASDAQ:TAIT)

Taitron Components (NASDAQ:TAIT) is the third most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Taitron Components has a valuation score of 71, which is 30 points higher than the electronic & computer distribution industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -14.4% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -46 percentage points.

Are electronic & computer distribution stocks a good buy now?

42.86% of electronic & computer distribution stocks rated by analysts are a buy right now. On average, analysts expect electronic & computer distribution stocks to rise by 7.14% 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 12.9x.

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.