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	$1.17B	$3.46B	$147.30M	$79.78M	$3.20	-8.99%	1.42%	-11.11%	7.68%
TAIT	TAITRON COMPONENTS INC	$17.40M	$4.99M	$2.17M	$1.64M	$0.28	-44.35%	-8.91%	-12.50%	0.73%
ARW	ARROW ELECTRONICS INC	$6.99B	$31.29B	$1.42B	$713.36M	$12.88	-14.93%	0.88%	-39.50%	9.27%	2024-08-01
AVT	AVNET INC	$4.93B	$24.75B	$1.16B	$571.29M	$6.28	-6.09%	4.46%	-31.74%	21.72%	2024-06-06
CLMB	CLIMB GLOBAL SOLUTIONS INC	$263.97M	$359.40M	$18.24M	$11.73M	$2.58	12.99%	14.11%	-12.24%	28.37%	2024-06-13
IZM	ICZOOM GROUP INC	$21.27M	$214.41M	$3.16M	$1.75M	$0.19	-26.16%	N/A	-34.48%	N/A
NSIT	INSIGHT ENTERPRISES INC	$6.36B	$9.23B	$512.72M	$298.36M	$9.11	-8.64%	5.62%	15.32%	13.72%	2024-08-01
CNXN	PC CONNECTION INC	$1.78B	$2.76B	$124.59M	$82.23M	$3.13	-10.09%	0.35%	0.64%	4.77%	2024-07-31
SNX	TD SYNNEX CORP	$11.47B	$56.41B	$1.49B	$632.02M	$6.89	-9.02%	22.41%	-3.91%	-3.68%	2024-06-25
SNPO	SNAP ONE HOLDINGS CORP	$820.46M	$1.06B	$101.84M	-$29.75M	-$0.38	-3.95%	N/A	N/A	N/A

Electronic & Computer Distribution Stocks FAQ

What are the best electronic & computer distribution stocks to buy right now in Jun 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 57, which is 17 points higher than the electronic & computer distribution industry average of 40. It passed 18 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 64.92% over the past year, overperforming other electronic & computer distribution stocks by 33 percentage points.

Scansource has an average 1 year price target of $36.00, a downside of -24.1% from Scansource's current stock price of $47.43.

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

2. Taitron Components (NASDAQ:TAIT)

Taitron Components (NASDAQ:TAIT) is the second best electronic & computer distribution stock with a Zen Score of 52, which is 12 points higher than the electronic & computer distribution industry average of 40. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -26.18% over the past year, underperforming other electronic & computer distribution stocks by -58 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 7 points higher than the electronic & computer distribution industry average of 40. It passed 15 out of 33 due diligence checks and has strong fundamentals. Arrow Electronics has seen its stock return 3.69% over the past year, underperforming other electronic & computer distribution stocks by -28 percentage points.

Arrow Electronics has an average 1 year price target of $128.00, a downside of -2.52% from Arrow Electronics's current stock price of $131.31.

Arrow Electronics stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts 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 6.92%, which is 5 percentage points higher than the electronic & computer distribution industry average of 2.4%. 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 53.6% 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 2.23%, which is the same as the electronic & computer distribution industry average of 2.4%. 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 19.4% indicates that its dividend yield is sustainable for the long-term.

3. Climb Global Solutions (NASDAQ:CLMB)

Climb Global Solutions (NASDAQ:CLMB) has an annual dividend yield of 1.18%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.4%. Climb Global Solutions's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Climb Global Solutions's dividend has not shown consistent growth over the last 10 years.

Climb Global Solutions's dividend payout ratio of 26.4% indicates that its dividend yield is sustainable for the long-term.

Why are electronic & computer distribution stocks up?

Electronic & computer distribution stocks were up 0.65% in the last day, and down -1.91% 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 24 points higher than the electronic & computer distribution industry average of 47. 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 -28 percentage points.

2. Iczoom Group (NASDAQ:IZM)

Iczoom Group (NASDAQ:IZM) is the second most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Iczoom Group has a valuation score of 71, which is 24 points higher than the electronic & computer distribution industry average of 47. It passed 5 out of 7 valuation due diligence checks.

Iczoom Group's stock has dropped -47.45% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -79 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 24 points higher than the electronic & computer distribution industry average of 47. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -26.18% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -58 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 fall by -1.04% 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 15x.

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.