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	$44.86	1.89%	7.78%	7.53%	19.72%	41.83%	69.99%	38.84%	23.72%	22.13%	$47.38	$26.26	5.32%	70.83%	1.18	353,163	156.50%
TAIT	TAITRON COMPONENTS INC	$3.13	-0.63%	-0.63%	-2.19%	-3.04%	-9.01%	-14.71%	-30.29%	-51.85%	196.68%	$4.32	$3.05	27.55%	2.62%	0.48	24,862	-42.56%
ARW	ARROW ELECTRONICS INC	$127.02	-0.09%	-0.51%	-0.38%	16.55%	6.74%	7.75%	8.10%	73.03%	132.21%	$147.42	$108.51	13.84%	17.06%	1.09	509,093	-17.37%
AVT	AVNET INC	$51.09	2.71%	4.54%	4.93%	16.25%	10.94%	23.58%	14.17%	11.57%	21.88%	$51.65	$40.44	1.08%	26.34%	1.12	773,668	16.07%
CLMB	CLIMB GLOBAL SOLUTIONS INC	$56.88	-2.57%	-11.76%	-17.82%	-0.23%	32.56%	17.91%	133.11%	351.43%	266.49%	$73.25	$37.67	22.35%	51.00%	0.54	12,563	-47.49%
IZM	ICZOOM GROUP INC	$2.47	0.41%	-13.33%	-89.35%	-72.65%	-71.74%	-8.86%	N/A	N/A	N/A	$52.21	$2.05	95.27%	20.49%	-0.74	326,060	-32.19%
NSIT	INSIGHT ENTERPRISES INC	$200.13	0.11%	9.62%	7.38%	8.63%	36.61%	61.29%	99.99%	253.90%	628.01%	$204.02	$122.33	1.91%	63.60%	0.96	209,578	-13.70%
CNXN	PC CONNECTION INC	$62.56	0.79%	0.95%	-4.31%	-2.86%	4.13%	60.86%	33.05%	77.88%	210.63%	$70.55	$38.48	11.33%	62.58%	0.78	68,323	-7.98%
SNX	TD SYNNEX CORP	$120.17	0.44%	1.98%	2.78%	21.08%	26.91%	36.84%	-2.70%	12.60%	93.70%	$121.17	$86.30	0.83%	39.25%	1.12	835,874	54.06%
SNPO	SNAP ONE HOLDINGS CORP	$10.61	0.09%	0.28%	16.98%	33.96%	41.47%	12.28%	N/A	N/A	N/A	$12.06	$6.70	12.02%	58.36%	1.44	555,578	70.65%

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 57, which is 17 points higher than the electronic & computer distribution industry average of 40. It passed 18 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 69.99% over the past year, overperforming other electronic & computer distribution stocks by 34 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -20.86% from Scansource's current stock price of $44.86.

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 -14.71% over the past year, underperforming other electronic & computer distribution stocks by -50 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 7 points higher than the electronic & computer distribution industry average of 40. It passed 15 out of 33 due diligence checks and has strong fundamentals. Arrow Electronics has seen its stock return 7.75% over the past year, underperforming other electronic & computer distribution stocks by -28 percentage points.

Arrow Electronics has an average 1 year price target of $124.00, a downside of -2.38% from Arrow Electronics's current stock price of $127.02.

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 6.39%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.35%. 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 2.39%, which is the same as the electronic & computer distribution industry average of 2.35%. 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 1.25%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.35%. 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 0.26% in the last day, and up 2.62% 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 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 7.75% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -28 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 69.99% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 34 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 -14.71% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -50 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 0.25% 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 14.09x.

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.