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. Scansource (NASDAQ:SCSC)
Scansource (NASDAQ:SCSC) is the #1 top electronic & computer distribution stock out of 11 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Scansource (NASDAQ:SCSC) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Scansource (NASDAQ:SCSC) has a Due Diligence Score of 58, which is 19 points higher than the electronic & computer distribution industry average of 39.
SCSC passed 18 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock lose -11.76% over the past year, underperforming other electronic & computer distribution stocks by -12 percentage points.
2. Td Synnex (NYSE:SNX)
Td Synnex (NYSE:SNX) is the #2 top electronic & computer distribution stock out of 11 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Td Synnex (NYSE:SNX) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Td Synnex (NYSE:SNX) has a Due Diligence Score of 42, which is 3 points higher than the electronic & computer distribution industry average of 39.
SNX passed 16 out of 38 due diligence checks and has strong fundamentals. Td Synnex has seen its stock return 25.99% over the past year, overperforming other electronic & computer distribution stocks by 25 percentage points.
Td Synnex has an average 1 year
price target of $147.80, a downside of -2.05% from Td Synnex's current stock price of $150.89.
Td Synnex stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Td Synnex, 50% have issued a Strong Buy rating, 30% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Arrow Electronics (NYSE:ARW)
Arrow Electronics (NYSE:ARW) is the #3 top electronic & computer distribution stock out of 11 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Arrow Electronics (NYSE:ARW) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Arrow Electronics (NYSE:ARW) has a Due Diligence Score of 32, which is -7 points lower than the electronic & computer distribution industry average of 39.
ARW passed 10 out of 33 due diligence checks and has average fundamentals. Arrow Electronics has seen its stock lose -4.73% over the past year, underperforming other electronic & computer distribution stocks by -5 percentage points.
Arrow Electronics has an average 1 year
price target of $110.00, a downside of -12.6% from Arrow Electronics's current stock price of $125.86.
Arrow Electronics stock has a consensus Sell 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, 0% have issued a hold, while 100% have issued a Sell rating, and 0% have issued a Strong Sell.