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...

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
SCSC	SCANSOURCE INC	$41.97	$48.86	-14.10%	11.89x	9.18x	0.29x	1.11x	0.50x	$185.75M	17.68%	$953.60M	38.09	$1.18B	7.23
TAIT	TAITRON COMPONENTS INC	$3.17	$2.05	54.69%	10.23x	N/A	3.12x	1.13x	3.19x	$2.94M	15.43%	$16.84M	2.81	$12.88M	5.31
AVT	AVNET INC	$50.10	N/A	N/A	6.82x	7.20x	0.18x	0.90x	N/A	-$72.10M	-1.59%	$5.01B	55.52	$7.95B	6.13
CLMB	CLIMB GLOBAL SOLUTIONS INC	$66.76	$34.63	92.81%	24.54x	N/A	0.83x	4.08x	1.19x	$37.13M	12.64%	$74.77M	16.99	$270.81M	14.24
ARW	ARROW ELECTRONICS INC	$128.58	$238.25	-46.03%	8.02x	5.98x	0.22x	1.19x	0.30x	$622.16M	8.59%	$5.81B	103.01	$10.51B	6.30
IZM	ICZOOM GROUP INC	$2.89	$7.32	-60.50%	15.21x	N/A	0.12x	1.93x	0.16x	-$3.83M	-14.43%	$15.54M	1.69	$38.48M	12.16
NSIT	INSIGHT ENTERPRISES INC	$182.75	$57.31	218.89%	21.42x	20.53x	0.66x	3.43x	6.10x	$595.79M	9.88%	$1.74B	52.61	$6.63B	13.77
SNX	TD SYNNEX CORP	$117.44	N/A	N/A	17.04x	N/A	0.18x	1.27x	N/A	$1.74B	16.87%	$8.10B	92.18	$13.27B	8.89
CNXN	PC CONNECTION INC	$63.69	$21.89	191.01%	20.09x	N/A	0.59x	2.00x	4.97x	$188.36M	11.25%	$840.77M	31.98	$1.54B	12.22
SNPO	SNAP ONE HOLDINGS CORP	$10.58	N/A	N/A	-37.79x	13.92x	0.76x	1.06x	N/A	$66.49M	8.28%	$759.86M	10.01	$1.31B	13.57

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 54.93% over the past year, overperforming other electronic & computer distribution stocks by 17 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -15.42% from Scansource's current stock price of $41.97.

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 -10.83% over the past year, underperforming other electronic & computer distribution stocks by -49 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 56.86% over the past year, overperforming other electronic & computer distribution stocks by 19 percentage points.

Climb Global Solutions has an average 1 year price target of $76.00, an upside of 13.84% from Climb Global Solutions's current stock price of $66.76.

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 6.31%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.31%. 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 2.44%, which is the same as the electronic & computer distribution industry average of 2.31%. 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 2.31%. 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 0.1% in the last day, and up 2.48% 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 30 points higher than the electronic & computer distribution industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Arrow Electronics's stock has gained 15.19% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -23 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 30 points higher than the electronic & computer distribution industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Scansource's stock has gained 54.93% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 17 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 30 points higher than the electronic & computer distribution industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -10.83% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -49 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 3.08% 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 13.08x.

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.