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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
TAIT
TAITRON COMPONENTS INC
$19.39M6.21%66.70%$0.0500$0.2084%12024-02-29
SCSC
SCANSOURCE INC
$1.06BN/A0.00%N/AN/AN/AN/A
AVT
AVNET INC
$4.19B2.59%16.30%$0.3100$1.2049%02024-03-052024-03-20
CLMB
CLIMB GLOBAL SOLUTIONS INC
$274.64M1.13%25.80%$0.1700$0.6821%0
ARW
ARROW ELECTRONICS INC
$6.29BN/A0.00%N/AN/AN/AN/A
SNX
TD SYNNEX CORP
$9.19B1.41%21.60%$0.4000$1.4528%1
NSIT
INSIGHT ENTERPRISES INC
$6.04BN/A0.00%N/AN/AN/AN/A
CNXN
PC CONNECTION INC
$1.79B0.35%19.50%$0.0800$0.244%42024-02-262024-03-15
IZM
ICZOOM GROUP INC
$81.41MN/A0.00%N/AN/AN/AN/A
SNPO
SNAP ONE HOLDINGS CORP
$622.96MN/A0.00%N/AN/AN/AN/A

Electronic & Computer Distribution Stocks FAQ

What are the best electronic & computer distribution stocks to buy right now in Feb 2024?

According to Zen Score, the 3 best electronic & computer distribution stocks to buy right now are:

1. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) is the top electronic & computer distribution stock with a Zen Score of 56, which is 18 points higher than the electronic & computer distribution industry average of 38. It passed 19 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -14.36% over the past year, underperforming other electronic & computer distribution stocks by -35 percentage points.

2. Scansource (NASDAQ:SCSC)


Scansource (NASDAQ:SCSC) is the second best 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 34.83% over the past year, overperforming other electronic & computer distribution stocks by 14 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -15.31% from Scansource's current stock price of $41.92.

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.

3. Avnet (NASDAQ:AVT)


Avnet (NASDAQ:AVT) 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 16 out of 38 due diligence checks and has strong fundamentals. Avnet has seen its stock return 1.27% over the past year, underperforming other electronic & computer distribution stocks by -20 percentage points.

Avnet has an average 1 year price target of $42.00, a downside of -9.37% from Avnet's current stock price of $46.34.

Avnet stock has a consensus Strong Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Avnet, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 100% 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 6.21%, which is 4 percentage points higher than the electronic & computer distribution industry average of 2.34%. 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 66.7% 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 2.59%, which is the same as the electronic & computer distribution industry average of 2.34%. 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 1.41%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.34%. 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 21.6% indicates that its dividend yield is sustainable for the long-term.

Why are electronic & computer distribution stocks up?

Electronic & computer distribution stocks were up 0.44% in the last day, and up 1.9% 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. Taitron Components (NASDAQ:TAIT)


Taitron Components (NASDAQ:TAIT) is the most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Taitron Components has a valuation score of 86, which is 43 points higher than the electronic & computer distribution industry average of 43. It passed 6 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -14.36% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -35 percentage points.

2. Arrow Electronics (NYSE:ARW)


Arrow Electronics (NYSE:ARW) is the second 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 dropped -2.14% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -23 percentage points.

3. Scansource (NASDAQ:SCSC)


Scansource (NASDAQ:SCSC) is the third 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 34.83% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 14 percentage points.

Are electronic & computer distribution stocks a good buy now?

66.67% of electronic & computer distribution stocks rated by analysts are a buy right now. On average, analysts expect electronic & computer distribution stocks to rise by 6.52% 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 13.14x.
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