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.