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. Avnet (NASDAQ:AVT)
Avnet (NASDAQ:AVT) is the #1 top electronic & computer distribution stock out of 9 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Avnet (NASDAQ:AVT) is: Value: C, Growth: A, Momentum: A, Sentiment: B, Safety: C, Financials: C, and AI: A.
Avnet (NASDAQ:AVT) has a Due Diligence Score of 55, which is 12 points higher than the electronic & computer distribution industry average of 43.
AVT passed 20 out of 38 due diligence checks and has strong fundamentals. Avnet has seen its stock return 71.78% over the past year, overperforming other electronic & computer distribution stocks by 28 percentage points.
Avnet has an average 1 year
price target of $92.67, an upside of 2.93% from Avnet's current stock price of $90.03.
Avnet stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Avnet, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.
2. Scansource (NASDAQ:SCSC)
Scansource (NASDAQ:SCSC) is the #2 top electronic & computer distribution stock out of 9 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Scansource (NASDAQ:SCSC) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: B.
Scansource (NASDAQ:SCSC) has a Due Diligence Score of 50, which is 7 points higher than the electronic & computer distribution industry average of 43.
SCSC passed 16 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 44.17% over the past year.
Scansource has an average 1 year
price target of $51.00, a downside of -15.03% from Scansource's current stock price of $60.02.
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.
3. Arrow Electronics (NYSE:ARW)
Arrow Electronics (NYSE:ARW) is the #3 top electronic & computer distribution stock out of 9 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Arrow Electronics (NYSE:ARW) is: Value: B, Growth: B, Momentum: A, Sentiment: B, Safety: C, Financials: C, and AI: B.
Arrow Electronics (NYSE:ARW) has a Due Diligence Score of 48, which is 5 points higher than the electronic & computer distribution industry average of 43.
ARW passed 15 out of 33 due diligence checks and has strong fundamentals. Arrow Electronics has seen its stock return 81.78% over the past year, overperforming other electronic & computer distribution stocks by 38 percentage points.
Arrow Electronics has an average 1 year
price target of $227.67, an upside of 6.08% from Arrow Electronics's current stock price of $214.61.
Arrow Electronics stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Arrow Electronics, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.