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Best Electronic & Computer Distribution Stocks to Buy Now (2024)
Top electronic & computer distribution stocks in 2024 ranked by overall Due Diligence 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...
OverviewDue Diligence ScorePriceValuationFinancialsForecast
Earnings & RevenueDividendsOwnershipTechnicals
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
SNX
TD SYNNEX CORP
$10.39B$122.11$137.8612.90%Buy75.94%46.68%14.08%3.94%
TAIT
TAITRON COMPONENTS INC
$16.26M$2.70N/AN/AN/AN/AN/AN/AN/AN/A
AVT
AVNET INC
$4.85B$55.80$50.67-9.20%Sell33.90%21.80%11.58%4.63%
CLMB
CLIMB GLOBAL SOLUTIONS INC
$630.76M$136.92$136.00-0.67%Buy11.85%12.20%23.91%5.64%
SCSC
SCANSOURCE INC
$1.27B$52.80N/AN/AN/AN/A3.28%9.53%9.94%5.13%
NSIT
INSIGHT ENTERPRISES INC
$5.09B$160.38$212.5032.50%Buy41.00%6.38%21.04%5.10%
CNXN
PC CONNECTION INC
$1.98B$75.45N/AN/AN/AN/A3.38%4.54%12.39%8.65%
ARW
ARROW ELECTRONICS INC
$6.45B$122.60$121.67-0.76%Hold34.49%15.04%10.49%2.99%
IZM
ICZOOM GROUP INC
$25.30M$2.30N/AN/AN/AN/AN/AN/AN/AN/A
INGM
INGRAM MICRO HOLDING CORP
$5.47B$23.31$27.5017.98%Buy12N/AN/A24.95%4.86%
1

Electronic & Computer Distribution Stocks FAQ

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

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

1. Td Synnex (NYSE:SNX)


Td Synnex (NYSE:SNX) is the top electronic & computer distribution stock with a Due Diligence Score of 52, which is 15 points higher than the electronic & computer distribution industry average of 37. It passed 19 out of 38 due diligence checks and has strong fundamentals. Td Synnex has seen its stock return 23.79% over the past year, overperforming other electronic & computer distribution stocks by 1 percentage points.

Td Synnex has an average 1 year price target of $137.86, an upside of 12.9% from Td Synnex's current stock price of $122.11.

Td Synnex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Td Synnex, 42.86% have issued a Strong Buy rating, 28.57% have issued a Buy, 28.57% 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 Due Diligence Score of 49, which is 12 points higher than the electronic & computer distribution industry average of 37. It passed 16 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -20.7% over the past year, underperforming other electronic & computer distribution stocks by -44 percentage points.

3. Avnet (NASDAQ:AVT)


Avnet (NASDAQ:AVT) is the third best electronic & computer distribution stock with a Due Diligence Score of 48, which is 11 points higher than the electronic & computer distribution industry average of 37. It passed 17 out of 38 due diligence checks and has strong fundamentals. Avnet has seen its stock return 17.18% over the past year, underperforming other electronic & computer distribution stocks by -6 percentage points.

Avnet has an average 1 year price target of $50.67, a downside of -9.2% from Avnet's current stock price of $55.80.

Avnet stock has a consensus Sell recommendation according to Wall Street analysts. Of the 3 analysts covering Avnet, 0% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 33.33% 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 7.41%, which is 5 percentage points higher than the electronic & computer distribution industry average of 2.4%. 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 65.2% 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 2.26%, which is the same as the electronic & computer distribution industry average of 2.4%. 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 32.5% 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 1.31%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.4%. 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 20% indicates that its dividend yield is sustainable for the long-term.

Why are electronic & computer distribution stocks up?

Electronic & computer distribution stocks were up 2.4% in the last day, and up 1.58% 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 71, which is 42 points higher than the electronic & computer distribution industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -20.7% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -44 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 57, which is 28 points higher than the electronic & computer distribution industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Arrow Electronics's stock has gained 2.53% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -21 percentage points.

3. Td Synnex (NYSE:SNX)


Td Synnex (NYSE:SNX) is the third most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Td Synnex has a valuation score of 57, which is 28 points higher than the electronic & computer distribution industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Td Synnex's stock has gained 23.79% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 1 percentage points.

Are electronic & computer distribution stocks a good buy now?

66.67% of electronic & computer distribution stocks rated by analysts are a buy right now. On average, analysts expect electronic & computer distribution stocks to rise by 10.48% 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 13.71x.
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