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...

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
SCSC	SCANSOURCE INC	$42.44	$48.86	-13.14%	12.02x	9.29x	0.30x	1.12x	0.50x	$185.75M	17.48%	$953.60M	38.09	$1.19B	7.30
TAIT	TAITRON COMPONENTS INC	$3.15	$2.05	53.72%	10.16x	N/A	3.10x	1.13x	3.17x	$2.94M	15.52%	$16.84M	2.81	$12.76M	5.26
ARW	ARROW ELECTRONICS INC	$122.71	$285.63	-57.04%	9.53x	5.70x	0.21x	1.15x	0.20x	$792.15M	11.90%	$5.70B	105.05	$9.87B	6.96
AVT	AVNET INC	$48.64	N/A	N/A	6.62x	6.99x	0.17x	0.88x	N/A	-$72.10M	-1.64%	$5.01B	55.52	$7.82B	6.03
CLMB	CLIMB GLOBAL SOLUTIONS INC	$59.09	$32.84	79.93%	22.90x	N/A	0.73x	3.54x	1.11x	$7.66M	2.92%	$76.45M	17.23	$229.29M	12.57
NSIT	INSIGHT ENTERPRISES INC	$178.42	N/A	N/A	19.59x	20.05x	0.63x	3.31x	N/A	$685.44M	11.79%	$1.76B	53.86	$6.31B	12.31
CNXN	PC CONNECTION INC	$59.29	$20.99	182.53%	18.94x	N/A	0.57x	1.83x	5.45x	$226.41M	14.49%	$852.67M	32.35	$1.42B	11.38
IZM	ICZOOM GROUP INC	$2.71	$7.32	-62.96%	14.26x	N/A	0.12x	1.80x	0.15x	-$3.83M	-15.39%	$15.54M	1.69	$36.49M	11.53
SNX	TD SYNNEX CORP	$116.42	N/A	N/A	16.90x	N/A	0.18x	1.26x	N/A	$1.74B	17.02%	$8.10B	92.18	$13.18B	8.83
SNPO	SNAP ONE HOLDINGS CORP	$10.59	N/A	N/A	-37.82x	13.93x	0.76x	1.06x	N/A	$66.49M	8.27%	$759.86M	10.01	$1.31B	13.58

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.