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	$1.07B	$3.59B	$163.31M	$88.19M	$3.53	-4.51%	2.18%	-4.08%	10.22%	2024-05-07
TAIT	TAITRON COMPONENTS INC	$18.97M	$6.11M	$2.42M	$1.85M	$0.31	-27.48%	-5.77%	-42.59%	4.40%	2024-05-30
ARW	ARROW ELECTRONICS INC	$6.53B	$31.29B	$1.42B	$713.36M	$12.88	-14.93%	0.88%	-39.50%	9.27%
AVT	AVNET INC	$4.40B	$25.61B	$1.30B	$669.88M	$7.35	-2.73%	5.08%	-18.42%	N/A
CLMB	CLIMB GLOBAL SOLUTIONS INC	$270.94M	$359.40M	$18.24M	$11.73M	$2.58	12.99%	14.11%	-12.24%	28.37%	2024-06-13
NSIT	INSIGHT ENTERPRISES INC	$5.81B	$9.23B	$512.72M	$298.36M	$9.11	-8.64%	5.62%	15.32%	13.72%
CNXN	PC CONNECTION INC	$1.56B	$2.76B	$124.59M	$82.23M	$3.13	-10.09%	0.35%	0.64%	4.77%	2024-05-15
IZM	ICZOOM GROUP INC	$27.98M	$214.41M	$3.16M	$1.75M	$0.19	-26.16%	N/A	-34.48%	N/A
SNX	TD SYNNEX CORP	$10.21B	$56.41B	$1.49B	$632.02M	$6.89	-9.02%	22.41%	-3.91%	-3.68%	2024-06-25
SNPO	SNAP ONE HOLDINGS CORP	$809.11M	$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 May 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 56.89% over the past year, overperforming other electronic & computer distribution stocks by 26 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -16.35% from Scansource's current stock price of $42.44.

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 -14.4% over the past year, underperforming other electronic & computer distribution stocks by -46 percentage points.

3. Arrow Electronics (NYSE:ARW)

Arrow Electronics (NYSE:ARW) is the third best electronic & computer distribution stock with a Zen Score of 47, which is 8 points higher than the electronic & computer distribution industry average of 39. It passed 15 out of 33 due diligence checks and has strong fundamentals. Arrow Electronics has seen its stock return 6.96% over the past year, underperforming other electronic & computer distribution stocks by -24 percentage points.

Arrow Electronics has an average 1 year price target of $124.00, an upside of 1.05% from Arrow Electronics's current stock price of $122.71.

Arrow Electronics stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Arrow Electronics, 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.

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 6.35%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.37%. 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 2.51%, which is the same as the electronic & computer distribution industry average of 2.37%. 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 1.29%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.37%. 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 -0.59% in the last day, and down -3.57% over the last week. Climb Global Solutions was the among the top losers in the electronics & computer distribution industry, dropping -10.52% yesterday.

Climb Global Solutions shares are trading lower after the company reported worse-than-expected Q1 financial results.

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 6.96% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -24 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 56.89% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 26 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 -14.4% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -46 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 7.14% 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 12.9x.

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.