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	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
SCSC	SCANSOURCE INC	$1.05B	9.70%	4.60%	11.49%	11.50%	0.87	2.30	11.90%	2.50%	3.74%
TAIT	TAITRON COMPONENTS INC	$19.03M	11.00%	10.30%	13.40%	19.50%	0.07	11.01	56.50%	30.20%	36.95%
AVT	AVNET INC	$4.48B	13.90%	5.30%	14.03%	10.80%	1.59	2.34	12.00%	2.60%	4.51%
CLMB	CLIMB GLOBAL SOLUTIONS INC	$303.83M	18.00%	4.70%	18.77%	-150.40%	3.48	1.07	18.30%	3.50%	4.50%
ARW	ARROW ELECTRONICS INC	$6.88B	16.10%	4.30%	17.42%	13.70%	2.73	1.39	12.50%	2.70%	4.49%
IZM	ICZOOM GROUP INC	$34.53M	13.50%	2.00%	16.24%	11.70%	4.67	1.20	2.50%	0.80%	1.21%
NSIT	INSIGHT ENTERPRISES INC	$5.95B	17.30%	5.10%	14.38%	20.20%	2.62	1.28	18.20%	3.10%	4.57%
SNX	TD SYNNEX CORP	$10.29B	7.70%	2.20%	8.61%	13.80%	2.43	1.22	7.00%	1.10%	1.91%
CNXN	PC CONNECTION INC	$1.70B	10.30%	7.20%	13.15%	20.00%	0.41	3.20	18.00%	2.90%	3.97%
SNPO	SNAP ONE HOLDINGS CORP	$807.58M	-2.80%	-1.30%	1.73%	2.80%	1.11	2.40	42.20%	-2.00%	2.34%

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 54.27% 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 -15.27% from Scansource's current stock price of $41.90.

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 -11.98% 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 47.49% over the past year, overperforming other electronic & computer distribution stocks by 10 percentage points.

Climb Global Solutions has an average 1 year price target of $76.00, an upside of 14.25% from Climb Global Solutions's current stock price of $66.52.

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 6.33%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.32%. 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 2.46%, which is the same as the electronic & computer distribution industry average of 2.32%. 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 2.32%. 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 down?

Electronic & computer distribution stocks were down -0.35% in the last day, and up 2.67% over the last week.

We couldn't find a catalyst for why electronic & computer distribution stocks are down.

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 14.78% 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 54.27% 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 -11.98% 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 3.4% 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 13.09x.

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.