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	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
SCSC	SCANSOURCE INC	$1.07B	9.70%	4.60%	11.49%	11.50%	0.87	2.30	11.90%	2.50%	3.74%
TAIT	TAITRON COMPONENTS INC	$18.97M	11.00%	10.30%	13.40%	19.50%	0.07	11.01	56.50%	30.20%	36.95%
ARW	ARROW ELECTRONICS INC	$6.53B	12.60%	3.40%	13.96%	11.80%	2.54	1.49	12.40%	2.30%	3.97%
AVT	AVNET INC	$4.40B	13.90%	5.30%	14.03%	10.80%	1.59	2.34	12.00%	2.60%	4.51%
CLMB	CLIMB GLOBAL SOLUTIONS INC	$270.94M	16.40%	4.30%	17.84%	-218.50%	2.90	1.09	18.40%	3.30%	4.17%
NSIT	INSIGHT ENTERPRISES INC	$5.81B	17.80%	5.10%	14.44%	19.50%	2.74	1.27	18.60%	3.20%	4.80%
CNXN	PC CONNECTION INC	$1.56B	9.90%	7.00%	12.83%	19.30%	0.36	3.53	18.40%	3.00%	4.06%
IZM	ICZOOM GROUP INC	$27.98M	13.50%	2.00%	16.24%	11.70%	4.67	1.20	2.50%	0.80%	1.21%
SNX	TD SYNNEX CORP	$10.21B	7.70%	2.20%	8.61%	13.80%	2.43	1.22	7.00%	1.10%	1.91%
SNPO	SNAP ONE HOLDINGS CORP	$809.11M	-2.80%	-1.30%	1.73%	2.80%	1.11	2.40	42.20%	-2.00%	2.34%

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.