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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
SCSC
SCANSOURCE INC
$1.02B$3.59B$163.31M$88.19M$3.53-4.51%2.18%-4.08%10.22%2024-05-07
TAIT
TAITRON COMPONENTS INC
$18.85M$6.11M$2.42M$1.85M$0.31-27.48%-5.77%-42.59%4.40%2024-05-13
AVT
AVNET INC
$4.21B$25.61B$1.30B$669.88M$7.35-2.73%5.08%-18.42%N/A2024-05-01
CLMB
CLIMB GLOBAL SOLUTIONS INC
$299.40M$352.01M$19.02M$12.32M$2.7215.66%14.17%-3.20%28.38%2024-05-01
ARW
ARROW ELECTRONICS INC
$6.57B$33.11B$1.67B$903.51M$16.03-10.82%2.21%-27.17%14.37%2024-05-02
IZM
ICZOOM GROUP INC
$48.74M$214.41M$3.16M$1.75M$0.19-26.16%N/A-34.48%N/A
SNX
TD SYNNEX CORP
$9.97B$56.41B$1.49B$632.02M$6.89-9.02%22.41%-3.91%-3.68%
NSIT
INSIGHT ENTERPRISES INC
$5.90B$9.18B$481.45M$281.31M$8.53-12.03%5.32%6.09%13.15%2024-04-30
CNXN
PC CONNECTION INC
$1.64B$2.85B$125.77M$83.27M$3.17-8.78%1.10%-6.76%5.55%2024-05-02
SNPO
SNAP ONE HOLDINGS CORP
$808.34M$1.06B$96.53M-$21.37M-$0.28-5.59%N/AN/AN/A2024-05-07

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 13 points higher than the electronic & computer distribution industry average of 39. It passed 16 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 38.65% over the past year, overperforming other electronic & computer distribution stocks by 18 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -12.35% from Scansource's current stock price of $40.50.

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 12 points higher than the electronic & computer distribution industry average of 39. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -11.76% over the past year, underperforming other electronic & computer distribution stocks by -33 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 7 points higher than the electronic & computer distribution industry average of 39. It passed 18 out of 38 due diligence checks and has strong fundamentals. Climb Global Solutions has seen its stock return 25.25% 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 15.94% from Climb Global Solutions's current stock price of $65.55.

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 6.39%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.38%. 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 2.62%, which is the same as the electronic & computer distribution industry average of 2.38%. 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 1.32%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.38%. 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 down?

Electronic & computer distribution stocks were down -0.46% in the last day, and down -7.69% over the last week.

We couldn't find a catalyst for why electronic & computer distribution stocks are down.

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 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 3.61% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -17 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 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 38.65% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 18 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 28 points higher than the electronic & computer distribution industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -11.76% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -33 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 6.32% 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 12.74x.
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