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Sectors & IndustriesTechnologyElectronics & 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...
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
TAIT
TAITRON COMPONENTS INC
$19.63M$3.26N/AN/AN/AN/AN/AN/AN/AN/A
SCSC
SCANSOURCE INC
$1.10B$43.73$35.50-18.82%Buy2-1.78%29.46%N/AN/A
AVT
AVNET INC
$4.47B$49.47$42.00-15.10%Strong Sell1-2.49%-2.76%N/AN/A
CLMB
CLIMB GLOBAL SOLUTIONS INC
$314.48M$68.85$76.0010.38%Buy116.54%N/AN/AN/A
ARW
ARROW ELECTRONICS INC
$7.00B$130.11$124.00-4.70%Hold10.23%29.76%N/AN/A
SNX
TD SYNNEX CORP
$10.33B$116.00$114.40-1.38%Hold53.54%N/AN/AN/A
NSIT
INSIGHT ENTERPRISES INC
$6.07B$186.15$211.0013.35%Buy17.32%4.34%N/AN/A
CNXN
PC CONNECTION INC
$1.73B$65.74N/AN/AN/AN/A4.55%N/AN/AN/A
IZM
ICZOOM GROUP INC
$87.01M$8.39N/AN/AN/AN/AN/AN/AN/AN/A
SNPO
SNAP ONE HOLDINGS CORP
$645.61M$8.45$11.6738.07%Strong Buy34.98%N/AN/AN/A

Electronic & Computer Distribution Stocks FAQ

What are the best electronic & computer distribution stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best electronic & computer distribution stocks to buy right now are:

1. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) is the top electronic & computer distribution stock with a Zen Score of 56, which is 16 points higher than the electronic & computer distribution industry average of 40. It passed 19 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -8.79% over the past year, underperforming other electronic & computer distribution stocks by -36 percentage points.

2. Scansource (NASDAQ:SCSC)


Scansource (NASDAQ:SCSC) is the second best electronic & computer distribution stock with a Zen Score of 54, which is 14 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 49.4% over the past year, overperforming other electronic & computer distribution stocks by 23 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -18.82% from Scansource's current stock price of $43.73.

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.

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 6 points higher than the electronic & computer distribution industry average of 40. It passed 18 out of 38 due diligence checks and has strong fundamentals. Climb Global Solutions has seen its stock return 30.5% over the past year, overperforming other electronic & computer distribution stocks by 4 percentage points.

Climb Global Solutions has an average 1 year price target of $76.00, an upside of 10.38% from Climb Global Solutions's current stock price of $68.85.

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 6.13%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.27%. 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 66.7% 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 2.47%, which is the same as the electronic & computer distribution industry average of 2.27%. 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 1.25%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.27%. 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 21.6% indicates that its dividend yield is sustainable for the long-term.

Why are electronic & computer distribution stocks up?

Electronic & computer distribution stocks were up 2.22% in the last day, and up 4.49% 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. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) is the most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Taitron Components has a valuation score of 86, which is 43 points higher than the electronic & computer distribution industry average of 43. It passed 6 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -8.79% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -36 percentage points.

2. Arrow Electronics (NYSE:ARW)


Arrow Electronics (NYSE:ARW) is the second most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Arrow Electronics has a valuation score of 71, which is 28 points higher than the electronic & computer distribution industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Arrow Electronics's stock has gained 9.52% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -17 percentage points.

3. Scansource (NASDAQ:SCSC)


Scansource (NASDAQ:SCSC) is the third most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Scansource has a valuation score of 71, which is 28 points higher than the electronic & computer distribution industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Scansource's stock has gained 49.4% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 23 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 1.96% 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 13.84x.
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