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 Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
SCSC	SCANSOURCE INC	United States	$1.02B	25,170,468	96.41%	3.59%	Net Buying	Net Selling
TAIT	TAITRON COMPONENTS INC	United States	$18.91M	6,021,180	18.09%	66.26%	Net Buying
AVT	AVNET INC	United States	$4.26B	90,363,645	70.18%	29.82%	Net Selling	Net Selling
CLMB	CLIMB GLOBAL SOLUTIONS INC	United States	$304.15M	4,567,568	42.41%	57.59%	Net Selling	Net Selling
ARW	ARROW ELECTRONICS INC	United States	$6.64B	53,813,931	97.52%	2.48%	Net Buying	Net Buying
SNX	TD SYNNEX CORP	United States	$9.91B	87,658,438	41.51%	58.49%	Net Selling	Net Selling
NSIT	INSIGHT ENTERPRISES INC	United States	$5.94B	32,590,162	65.64%	34.36%	Net Selling	Net Selling
CNXN	PC CONNECTION INC	United States	$1.64B	26,361,133	22.48%	77.52%	Net Selling	Net Selling
IZM	ICZOOM GROUP INC	Hong Kong	$529.09M	10,370,158	0.03%	0.00%
SNPO	SNAP ONE HOLDINGS CORP	United States	$805.29M	76,403,097	76.45%	23.55%	Net Selling	Net Selling

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 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 36.06% over the past year, overperforming other electronic & computer distribution stocks by 6 percentage points.

Scansource has an average 1 year price target of $35.50, a downside of -12.06% from Scansource's current stock price of $40.37.

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 13 points higher than the electronic & computer distribution industry average of 38. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -11.17% over the past year, underperforming other electronic & computer distribution stocks by -41 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 8 points higher than the electronic & computer distribution industry average of 38. It passed 18 out of 38 due diligence checks and has strong fundamentals. Climb Global Solutions has seen its stock return 26.02% over the past year, underperforming 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 14.13% from Climb Global Solutions's current stock price of $66.59.

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 6.37%, 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 2.59%, 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 1.33%, 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 up?

Electronic & computer distribution stocks were up 0.44% in the last day, and down -0.59% 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 31 points higher than the electronic & computer distribution industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Arrow Electronics's stock has gained 3.69% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -26 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 31 points higher than the electronic & computer distribution industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Scansource's stock has gained 36.06% in the past year. It has overperformed other stocks in the electronic & computer distribution industry by 6 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 31 points higher than the electronic & computer distribution industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -11.17% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -41 percentage points.

Are electronic & computer distribution stocks a good buy now?

57.14% of electronic & computer distribution stocks rated by analysts are a buy right now. On average, analysts expect electronic & computer distribution stocks to rise by 5.75% 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 17.1x.

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.