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	$44.86	$56.41	-20.47%	14.02x	9.82x	0.32x	1.17x	0.40x	$290.93M	25.92%	$944.05M	37.72	$1.10B	7.44
TAIT	TAITRON COMPONENTS INC	$3.13	$2.05	52.74%	10.10x	N/A	3.08x	1.12x	3.15x	$2.94M	15.62%	$16.84M	2.81	$12.64M	5.22
ARW	ARROW ELECTRONICS INC	$127.02	$285.63	-55.53%	9.86x	5.91x	0.22x	1.19x	0.21x	$792.15M	11.50%	$5.70B	105.05	$10.10B	7.12
AVT	AVNET INC	$51.09	$60.20	-15.13%	8.14x	7.34x	0.19x	0.93x	0.69x	$393.19M	8.51%	$4.99B	55.17	$7.59B	6.56
CLMB	CLIMB GLOBAL SOLUTIONS INC	$56.88	$32.84	73.20%	22.05x	N/A	0.70x	3.41x	1.07x	$7.66M	3.03%	$76.45M	17.23	$219.16M	12.01
IZM	ICZOOM GROUP INC	$2.47	$7.32	-66.24%	13.00x	N/A	0.11x	1.64x	0.14x	-$3.83M	-16.88%	$15.54M	1.69	$34.02M	10.75
NSIT	INSIGHT ENTERPRISES INC	$200.13	N/A	N/A	21.97x	22.49x	0.71x	3.71x	N/A	$685.44M	10.51%	$1.76B	53.86	$7.02B	13.69
CNXN	PC CONNECTION INC	$62.56	$20.99	198.11%	19.99x	N/A	0.60x	1.93x	5.75x	$226.41M	13.73%	$852.67M	32.35	$1.50B	12.08
SNX	TD SYNNEX CORP	$120.17	N/A	N/A	17.44x	N/A	0.19x	1.30x	N/A	$1.74B	16.48%	$8.10B	92.18	$13.51B	9.05
SNPO	SNAP ONE HOLDINGS CORP	$10.61	N/A	N/A	-37.89x	13.96x	0.76x	1.07x	N/A	$66.49M	8.26%	$759.86M	10.01	$1.31B	13.60

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.