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...

Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	1d %	1w %	1m %	3m %	6m %	1y %	3y %	5y %	10y %	52-week High	52-week Low	% off 52-week High	% off 52-week Low	Beta	Volume	Vol 1d %
SCSC	SCANSOURCE INC	$42.87	1.01%	2.14%	-0.19%	10.72%	33.84%	59.01%	37.71%	11.79%	12.79%	$45.10	$26.18	4.94%	63.75%	1.18	194,146	22.12%
TAIT	TAITRON COMPONENTS INC	$3.14	-0.32%	-0.95%	-0.32%	-1.57%	-8.45%	-14.21%	-23.79%	-42.70%	207.84%	$4.32	$3.05	27.31%	2.95%	0.47	2,817	5.98%
ARW	ARROW ELECTRONICS INC	$124.89	1.78%	-2.87%	-3.34%	13.60%	3.26%	7.77%	9.43%	64.01%	123.06%	$147.42	$108.51	15.28%	15.10%	1.09	535,067	-34.35%
AVT	AVNET INC	$49.41	1.58%	-1.38%	0.35%	9.53%	6.03%	21.28%	12.91%	5.53%	16.59%	$51.65	$40.44	4.34%	22.18%	1.12	746,076	-6.18%
CLMB	CLIMB GLOBAL SOLUTIONS INC	$58.84	-0.42%	-11.86%	-14.61%	4.14%	36.42%	29.38%	136.31%	387.65%	269.60%	$73.25	$37.67	19.67%	56.20%	0.54	10,262	-80.11%
IZM	ICZOOM GROUP INC	$2.51	-7.38%	-13.15%	-83.38%	-69.35%	-71.18%	-24.40%	N/A	N/A	N/A	$52.21	$2.05	95.19%	22.44%	-0.72	466,398	15.86%
NSIT	INSIGHT ENTERPRISES INC	$193.74	8.59%	6.01%	4.66%	5.47%	31.13%	56.60%	88.23%	236.00%	573.88%	$194.57	$122.33	0.43%	58.37%	0.95	426,544	-6.55%
CNXN	PC CONNECTION INC	$61.17	3.17%	-3.96%	-6.65%	-6.18%	2.55%	54.04%	32.17%	64.83%	200.89%	$70.55	$38.14	13.30%	60.40%	0.78	77,238	-24.25%
SNX	TD SYNNEX CORP	$117.61	1.02%	0.14%	-0.52%	17.47%	23.42%	33.27%	-4.29%	8.01%	79.45%	$119.87	$86.30	1.89%	36.28%	1.12	468,162	-54.80%
SNPO	SNAP ONE HOLDINGS CORP	$10.60	0.09%	0.19%	6.96%	32.67%	31.68%	18.44%	N/A	N/A	N/A	$12.06	$6.70	12.11%	58.21%	1.44	164,030	28.68%

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 54, which is 14 points higher than the electronic & computer distribution industry average of 40. It passed 17 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 59.01% over the past year, overperforming other electronic & computer distribution stocks by 25 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -17.19% from Scansource's current stock price of $42.87.

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 11 points higher than the electronic & computer distribution industry average of 40. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -14.21% over the past year, underperforming other electronic & computer distribution stocks by -48 percentage points.

3. Arrow Electronics (NYSE:ARW)

Arrow Electronics (NYSE:ARW) is the third best electronic & computer distribution stock with a Zen Score of 50, which is 10 points higher than the electronic & computer distribution industry average of 40. It passed 16 out of 33 due diligence checks and has strong fundamentals. Arrow Electronics has seen its stock return 7.77% over the past year, underperforming other electronic & computer distribution stocks by -26 percentage points.

Arrow Electronics has an average 1 year price target of $124.00, a downside of -0.71% from Arrow Electronics's current stock price of $124.89.

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 6.37%, 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 2.47%, 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 19.4% 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 1.28%, 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 up?

Electronic & computer distribution stocks were up 3.31% in the last day, and down -0.47% over the last week. Insight Enterprises was the among the top gainers in the electronics & computer distribution industry, gaining 8.59% yesterday.

Insight Enterprises shares are trading higher. The company on Thursday reported better-than-expected Q1 financial results and raised its FY24 adjusted EPS guidance.

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 25 points higher than the electronic & computer distribution industry average of 46. It passed 5 out of 7 valuation due diligence checks.

Arrow Electronics's stock has gained 7.77% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -26 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 25 points higher than the electronic & computer distribution industry average of 46. It passed 5 out of 7 valuation due diligence checks.

Scansource's stock has gained 59.01% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 25 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 25 points higher than the electronic & computer distribution industry average of 46. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -14.21% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -48 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 3.73% 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 13.64x.

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.