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. Arrow Electronics (NYSE:ARW)
Arrow Electronics (NYSE:ARW) 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 Arrow Electronics (NYSE:ARW) is: Value: B, Growth: B, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: B.
Arrow Electronics (NYSE:ARW) has a Due Diligence Score of 45, which is equal to the electronic & computer distribution industry average of 45.
ARW passed 14 out of 33 due diligence checks and has strong fundamentals. Arrow Electronics has seen its stock return 72.88% over the past year, overperforming other electronic & computer distribution stocks by 25 percentage points.
Arrow Electronics has an average 1 year
price target of $221.00, an upside of 13.84% from Arrow Electronics's current stock price of $194.14.
Arrow Electronics stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Arrow Electronics, 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. Avnet (NASDAQ:AVT)
Avnet (NASDAQ:AVT) is the #2 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: B, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: A.
Avnet (NASDAQ:AVT) has a Due Diligence Score of 64, which is 19 points higher than the electronic & computer distribution industry average of 45.
AVT passed 24 out of 38 due diligence checks and has strong fundamentals. Avnet has seen its stock return 80.76% over the past year, overperforming other electronic & computer distribution stocks by 33 percentage points.
Avnet has an average 1 year
price target of $102.00, an upside of 19.86% from Avnet's current stock price of $85.10.
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.
3. Insight Enterprises (NASDAQ:NSIT)
The Component Grade breakdown for Insight Enterprises (NASDAQ:NSIT) is: Value: C, Growth: B, Momentum: A, Sentiment: A, Safety: C, Financials: C, and AI: B.
Insight Enterprises (NASDAQ:NSIT) has a Due Diligence Score of 47, which is 2 points higher than the electronic & computer distribution industry average of 45.
NSIT passed 15 out of 33 due diligence checks and has strong fundamentals. Insight Enterprises has seen its stock return 84.55% over the past year, overperforming other electronic & computer distribution stocks by 37 percentage points.
Insight Enterprises has an average 1 year
price target of $150.00, a downside of -11.11% from Insight Enterprises's current stock price of $168.75.
Insight Enterprises stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 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.