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

Ticker	Company	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	$1.04B	$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	$4.22B	$25.61B	$1.30B	$669.88M	$7.35	-2.73%	5.08%	-18.42%	N/A	2024-05-01
CLMB	CLIMB GLOBAL SOLUTIONS INC	$299.82M	$352.01M	$19.02M	$12.32M	$2.72	15.66%	14.17%	-3.20%	28.38%	2024-05-01
ARW	ARROW ELECTRONICS INC	$6.55B	$33.11B	$1.67B	$903.51M	$16.03	-10.82%	2.21%	-27.17%	14.37%	2024-05-02
IZM	ICZOOM GROUP INC	$40.96M	$214.41M	$3.16M	$1.75M	$0.19	-26.16%	N/A	-34.48%	N/A
SNX	TD SYNNEX CORP	$9.93B	$56.41B	$1.49B	$632.02M	$6.89	-9.02%	22.41%	-3.91%	-3.68%
NSIT	INSIGHT ENTERPRISES INC	$5.95B	$9.18B	$481.45M	$281.31M	$8.53	-12.03%	5.32%	6.09%	13.15%	2024-05-02
CNXN	PC CONNECTION INC	$1.66B	$2.85B	$125.77M	$83.27M	$3.17	-8.78%	1.10%	-6.76%	5.55%	2024-05-02
SNPO	SNAP ONE HOLDINGS CORP	$806.82M	$1.06B	$96.53M	-$21.37M	-$0.28	-5.59%	N/A	N/A	N/A	2024-05-07

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 45.6% 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 -14.21% from Scansource's current stock price of $41.38.

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 -13.06% over the past year, underperforming other electronic & computer distribution stocks by -40 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 27.9% over the past year, overperforming other electronic & computer distribution stocks by 1 percentage points.

Climb Global Solutions has an average 1 year price target of $76.00, an upside of 15.78% from Climb Global Solutions's current stock price of $65.64.

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 2.61%, 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 up?

Electronic & computer distribution stocks were up 0.28% in the last day, and down -6.32% 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 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 6.89% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -20 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 45.6% 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 -13.06% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -40 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 5.98% 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 12.78x.

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.