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	$46.59	3.86%	12.35%	11.67%	23.68%	50.24%	76.54%	48.90%	31.09%	27.57%	$47.38	$26.99	1.67%	72.62%	1.18	485,669	37.52%
TAIT	TAITRON COMPONENTS INC	$3.16	0.86%	-0.09%	-1.34%	-0.72%	-10.31%	-13.98%	-29.69%	-58.62%	218.57%	$4.32	$3.05	26.92%	3.51%	0.48	1,400	-94.37%
ARW	ARROW ELECTRONICS INC	$127.49	0.37%	2.11%	-0.02%	12.43%	7.54%	8.15%	8.67%	77.69%	131.51%	$147.42	$108.51	13.52%	17.49%	1.09	323,783	-36.40%
AVT	AVNET INC	$52.24	2.25%	8.67%	7.29%	16.82%	14.71%	26.37%	18.40%	15.22%	24.56%	$52.32	$40.44	0.15%	29.18%	1.12	717,216	-7.30%
CLMB	CLIMB GLOBAL SOLUTIONS INC	$56.36	-0.91%	-14.66%	-18.57%	-2.99%	32.42%	16.83%	125.17%	342.35%	259.44%	$73.25	$37.67	23.06%	49.62%	0.54	7,918	-36.97%
IZM	ICZOOM GROUP INC	$2.36	-4.45%	-13.24%	-89.83%	-74.32%	-74.49%	-12.92%	N/A	N/A	N/A	$52.21	$2.05	95.48%	15.12%	-0.73	157,213	-51.78%
NSIT	INSIGHT ENTERPRISES INC	$200.34	0.10%	15.66%	7.50%	5.75%	38.43%	61.46%	102.00%	254.21%	630.63%	$204.02	$122.92	1.80%	62.98%	0.96	177,200	-15.45%
CNXN	PC CONNECTION INC	$63.75	1.90%	2.89%	-2.49%	-3.47%	6.75%	63.92%	37.21%	82.56%	221.81%	$70.55	$39.06	9.64%	63.21%	0.78	79,304	16.07%
SNX	TD SYNNEX CORP	$120.98	0.67%	5.02%	3.47%	20.01%	28.92%	37.76%	0.48%	14.39%	96.84%	$121.17	$87.07	0.16%	38.95%	1.12	551,651	-34.00%
SNPO	SNAP ONE HOLDINGS CORP	$10.60	-0.09%	0.00%	16.87%	26.95%	45.80%	12.17%	N/A	N/A	N/A	$12.06	$6.70	12.11%	58.21%	1.44	278,120	-49.94%

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 53, which is 13 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 76.54% over the past year, overperforming other electronic & computer distribution stocks by 40 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -23.8% from Scansource's current stock price of $46.59.

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 -13.98% over the past year, underperforming other electronic & computer distribution stocks by -51 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 8.15% 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 -2.74% from Arrow Electronics's current stock price of $127.49.

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 6.34%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.33%. 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 2.34%, which is the same as the electronic & computer distribution industry average of 2.33%. 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 1.24%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.33%. 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 0.73% in the last day, and up 5.65% 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 27 points higher than the electronic & computer distribution industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Arrow Electronics's stock has gained 8.15% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -28 percentage points.

2. Taitron Components (NASDAQ:TAIT)

Taitron Components (NASDAQ:TAIT) is the second most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Taitron Components has a valuation score of 71, which is 27 points higher than the electronic & computer distribution industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -13.98% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -51 percentage points.

3. Avnet (NASDAQ:AVT)

Avnet (NASDAQ:AVT) is the third most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Avnet has a valuation score of 71, which is 27 points higher than the electronic & computer distribution industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Avnet's stock has gained 26.37% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -10 percentage points.

Are electronic & computer distribution stocks a good buy now?

57.14% of electronic & computer distribution stocks rated by analysts are a buy right now. On average, analysts expect electronic & computer distribution stocks to fall by -0.37% 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 14.44x.

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.

Electronic & Computer Distribution Stocks FAQ

1. Scansource (NASDAQ:SCSC)

2. Taitron Components (NASDAQ:TAIT)

3. Arrow Electronics (NYSE:ARW)

1. Taitron Components (NASDAQ:TAIT)

2. Avnet (NASDAQ:AVT)

3. Td Synnex (NYSE:SNX)

1. Arrow Electronics (NYSE:ARW)

2. Taitron Components (NASDAQ:TAIT)

3. Avnet (NASDAQ:AVT)

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