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	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
SCSC	SCANSOURCE INC	$42.87	393,505	65.32%	41.35	41.90	42.28	40.29	35.49	55.51	66.03	52.77	80.22	73.39	-0.00	-0.23	0.22	1.18
TAIT	TAITRON COMPONENTS INC	$3.18	6,751	126.77%	3.15	3.18	3.20	3.26	3.46	50.60	41.67	26.85	92.96	61.97	-0.01	-0.02	0.00	0.47
AVT	AVNET INC	$49.24	707,891	2.78%	47.48	48.19	47.30	47.45	47.57	60.18	63.65	38.90	68.94	39.99	0.06	0.04	0.02	1.12
CLMB	CLIMB GLOBAL SOLUTIONS INC	$66.74	5,731	-44.10%	66.59	68.05	66.21	60.34	52.21	48.46	39.45	32.91	23.04	12.92	-0.16	0.27	-0.43	0.54
ARW	ARROW ELECTRONICS INC	$127.58	365,588	41.83%	124.04	126.14	121.65	119.56	123.02	59.57	48.74	28.18	47.74	25.78	0.52	0.85	-0.33	1.09
IZM	ICZOOM GROUP INC	$2.81	932,240	-21.35%	0.14	0.14	0.15	0.15	0.16	69.22	91.11	83.70	100.00	96.17	-0.00	-0.00	0.00	-0.65
NSIT	INSIGHT ENTERPRISES INC	$184.36	174,375	-30.75%	182.91	184.08	184.89	182.45	165.22	50.90	52.64	42.46	73.59	58.27	-0.41	-0.57	0.16	0.95
CNXN	PC CONNECTION INC	$64.98	50,866	-28.74%	63.23	64.21	65.25	65.32	59.38	54.01	57.88	41.02	75.99	53.83	-0.46	-0.58	0.12	0.78
SNX	TD SYNNEX CORP	$117.24	618,713	26.82%	114.25	115.11	108.20	105.86	101.78	64.11	60.37	45.45	43.12	30.11	1.95	2.17	-0.22	1.12
SNPO	SNAP ONE HOLDINGS CORP	$10.57	131,422	-51.15%	17.41	18.18	18.22	17.89	17.07	39.34	24.51	19.74	34.07	25.66	-0.30	-0.22	-0.08	1.45

Electronic & Computer Distribution Stocks FAQ

What are the best electronic & computer distribution stocks to buy right now in Apr 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 14 points higher than the electronic & computer distribution industry average of 38. It passed 16 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 54.49% over the past year, overperforming other electronic & computer distribution stocks by 20 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 13 points higher than the electronic & computer distribution industry average of 38. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -11.17% over the past year, underperforming other electronic & computer distribution stocks by -46 percentage points.

3. Climb Global Solutions (NASDAQ:CLMB)

Climb Global Solutions (NASDAQ:CLMB) is the third best electronic & computer distribution stock with a Zen Score of 46, which is 8 points higher than the electronic & computer distribution industry average of 38. It passed 18 out of 38 due diligence checks and has strong fundamentals. Climb Global Solutions has seen its stock return 34.94% over the past year.

Climb Global Solutions has an average 1 year price target of $76.00, an upside of 13.87% from Climb Global Solutions's current stock price of $66.74.

Climb Global Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Climb Global Solutions, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 6.29%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.32%. 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 2.48%, which is the same as the electronic & computer distribution industry average of 2.32%. 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 1.28%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.32%. 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 0.09% in the last day, and up 2.55% over the last week.

We couldn't find a catalyst for why electronic & computer distribution stocks are up.

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 28 points higher than the electronic & computer distribution industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Arrow Electronics's stock has gained 12.97% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -22 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 28 points higher than the electronic & computer distribution industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Scansource's stock has gained 54.49% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 20 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 28 points higher than the electronic & computer distribution industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -11.17% 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 3.01% 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 13.15x.

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.