According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best electronic & computer distribution stocks to buy right now are:
1. Avnet (NASDAQ:AVT)
Avnet (NASDAQ:AVT) is the #1 top electronic & computer distribution stock out of 9 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Avnet (NASDAQ:AVT) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: A.
Avnet (NASDAQ:AVT) has a Due Diligence Score of 60, which is 16 points higher than the electronic & computer distribution industry average of 44.
AVT passed 22 out of 38 due diligence checks and has strong fundamentals. Avnet has seen its stock return 61.67% over the past year, overperforming other electronic & computer distribution stocks by 28 percentage points.
Avnet has an average 1 year
price target of $92.67, an upside of 4.55% from Avnet's current stock price of $88.63.
Avnet stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Avnet, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.
2. Insight Enterprises (NASDAQ:NSIT)
The Component Grade breakdown for Insight Enterprises (NASDAQ:NSIT) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: A.
Insight Enterprises (NASDAQ:NSIT) has a Due Diligence Score of 42, which is -2 points lower than the electronic & computer distribution industry average of 44. Although this number is below the industry average, our proven quant model rates NSIT as a "A".
NSIT passed 13 out of 33 due diligence checks and has strong fundamentals. Insight Enterprises has seen its stock return 20.05% over the past year, underperforming other electronic & computer distribution stocks by -14 percentage points.
Insight Enterprises has an average 1 year
price target of $132.50, a downside of -14.87% from Insight Enterprises's current stock price of $155.65.
Insight Enterprises stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Insight Enterprises, 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.
3. Scansource (NASDAQ:SCSC)
Scansource (NASDAQ:SCSC) is the #3 top electronic & computer distribution stock out of 9 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Scansource (NASDAQ:SCSC) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: A.
Scansource (NASDAQ:SCSC) has a Due Diligence Score of 50, which is 6 points higher than the electronic & computer distribution industry average of 44.
SCSC passed 16 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 28.03% over the past year, underperforming other electronic & computer distribution stocks by -6 percentage points.