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	194,146	22.12%	42.35	41.60	42.36	40.76	35.93	55.42	48.52	42.74	53.06	47.78	0.10	-0.02	0.12	1.18
TAIT	TAITRON COMPONENTS INC	$3.14	2,817	5.98%	3.16	3.16	3.19	3.24	3.43	43.92	31.85	35.25	43.16	52.27	-0.01	-0.01	0.00	0.47
ARW	ARROW ELECTRONICS INC	$124.89	535,067	-34.35%	126.12	125.42	123.44	120.10	122.39	49.83	44.12	55.00	20.98	41.98	0.50	0.81	-0.31	1.09
AVT	AVNET INC	$49.41	746,076	-6.18%	48.97	48.27	47.85	47.61	47.55	57.05	53.51	54.09	49.55	52.14	0.36	0.29	0.07	1.12
CLMB	CLIMB GLOBAL SOLUTIONS INC	$58.84	10,262	-80.11%	64.89	66.24	66.91	61.31	52.76	31.13	41.02	39.49	16.87	25.45	-1.35	-0.46	-0.89	0.54
IZM	ICZOOM GROUP INC	$2.51	466,398	15.86%	2.92	16.40	12.40	11.12	10.03	36.46	0.22	0.44	0.28	0.47	-4.25	-2.55	-1.70	-0.72
NSIT	INSIGHT ENTERPRISES INC	$193.74	426,544	-6.55%	183.04	183.06	184.54	183.62	166.37	63.05	52.72	39.73	48.91	36.34	-0.29	-0.70	0.40	0.95
CNXN	PC CONNECTION INC	$61.17	77,238	-24.25%	62.83	63.14	64.58	65.32	59.95	40.68	29.91	27.39	22.95	25.41	-0.89	-0.63	-0.26	0.78
SNX	TD SYNNEX CORP	$117.61	468,162	-54.80%	116.89	115.58	110.47	107.17	102.45	59.81	63.57	68.67	27.73	41.41	1.79	1.99	-0.20	1.12
SNPO	SNAP ONE HOLDINGS CORP	$10.60	164,030	28.68%	17.66	17.71	18.13	17.94	17.11	54.63	84.11	71.73	100.00	96.74	-0.12	-0.20	0.08	1.44

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.