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	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
SCSC	SCANSOURCE INC	$1.06B	$41.97	$35.50	-15.42%	Buy	2	-1.78%	29.46%	N/A	N/A
TAIT	TAITRON COMPONENTS INC	$19.09M	$3.17	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AVT	AVNET INC	$4.53B	$50.10	$42.00	-16.17%	Strong Sell	1	-2.49%	-2.76%	N/A	N/A
CLMB	CLIMB GLOBAL SOLUTIONS INC	$304.93M	$66.76	$76.00	13.84%	Buy	1	16.54%	N/A	N/A	N/A
ARW	ARROW ELECTRONICS INC	$6.92B	$128.58	$124.00	-3.56%	Hold	1	0.23%	29.76%	N/A	N/A
IZM	ICZOOM GROUP INC	$29.97M	$2.89	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NSIT	INSIGHT ENTERPRISES INC	$5.96B	$182.75	$198.67	8.71%	Hold	3	7.32%	4.34%	N/A	N/A
SNX	TD SYNNEX CORP	$10.29B	$117.44	$129.40	10.18%	Buy	5	4.17%	N/A	N/A	N/A
CNXN	PC CONNECTION INC	$1.68B	$63.69	N/A	N/A	N/A	N/A	4.15%	N/A	N/A	N/A
SNPO	SNAP ONE HOLDINGS CORP	$808.34M	$10.58	$11.05	4.44%	Hold	5	4.98%	N/A	N/A	N/A

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 54.93% 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 -15.42% from Scansource's current stock price of $41.97.

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 -10.83% 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 56.86% over the past year, overperforming other electronic & computer distribution stocks by 19 percentage points.

Climb Global Solutions has an average 1 year price target of $76.00, an upside of 13.84% from Climb Global Solutions's current stock price of $66.76.

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 6.31%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.31%. 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 2.44%, which is the same as the electronic & computer distribution industry average of 2.31%. 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 2.31%. 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 0.1% in the last day, and up 2.48% 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 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 15.19% 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 54.93% 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 -10.83% 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 3.08% 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 13.08x.

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.