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...

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
SCSC	SCANSOURCE INC	NASDAQ	Electronics & Computer Distribution	$1.17B	$47.33	-0.11%	$147.30M	14.79x	0.89
TAIT	TAITRON COMPONENTS INC	NASDAQ	Electronics & Computer Distribution	$19.15M	$3.18	0.32%	$2.42M	10.26x	0.07
CLMB	CLIMB GLOBAL SOLUTIONS INC	NASDAQ	Electronics & Computer Distribution	$253.24M	$55.23	-0.02%	$18.24M	21.41x	2.90
ARW	ARROW ELECTRONICS INC	NYSE	Electronics & Computer Distribution	$6.73B	$126.43	0.67%	$1.42B	9.82x	2.54
AVT	AVNET INC	NASDAQ	Electronics & Computer Distribution	$4.68B	$51.75	0.00%	$1.16B	8.24x	1.47
IZM	ICZOOM GROUP INC	NASDAQ	Electronics & Computer Distribution	$22.51M	$2.18	-7.63%	$3.16M	11.47x	4.67
NSIT	INSIGHT ENTERPRISES INC	NASDAQ	Electronics & Computer Distribution	$6.72B	$206.28	1.15%	$512.72M	22.64x	2.74
CNXN	PC CONNECTION INC	NASDAQ	Electronics & Computer Distribution	$1.71B	$64.96	0.42%	$124.59M	20.75x	0.36
SNX	TD SYNNEX CORP	NYSE	Electronics & Computer Distribution	$10.65B	$121.53	-0.08%	$1.49B	17.64x	2.43
SNPO	SNAP ONE HOLDINGS CORP	NASDAQ	Electronics & Computer Distribution	$812.04M	$10.61	-0.09%	$101.84M	-27.92x	1.10

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 53, which is 12 points higher than the electronic & computer distribution industry average of 41. It passed 17 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 68.98% 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 -23.94% from Scansource's current stock price of $47.33.

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 51, which is 10 points higher than the electronic & computer distribution industry average of 41. It passed 17 out of 38 due diligence checks and has strong fundamentals. Taitron Components has seen its stock lose -15.2% over the past year, underperforming other electronic & computer distribution stocks by -51 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 48, which is 7 points higher than the electronic & computer distribution industry average of 41. It passed 18 out of 38 due diligence checks and has strong fundamentals. Climb Global Solutions has seen its stock return 19.55% over the past year, underperforming other electronic & computer distribution stocks by -16 percentage points.

Climb Global Solutions has an average 1 year price target of $68.00, an upside of 23.12% from Climb Global Solutions's current stock price of $55.23.

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 4.72%, which is 3 percentage points higher than the electronic & computer distribution industry average of 2.01%. 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 2.36%, which is the same as the electronic & computer distribution industry average of 2.01%. 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. Td Synnex (NYSE:SNX)

Td Synnex (NYSE:SNX) has an annual dividend yield of 1.23%, which is -1 percentage points lower than the electronic & computer distribution industry average of 2.01%. 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 0.45% in the last day, and up 3.72% 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 27 points higher than the electronic & computer distribution industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Arrow Electronics's stock has gained 6.4% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -30 percentage points.

2. Taitron Components (NASDAQ:TAIT)

Taitron Components (NASDAQ:TAIT) is the second most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Taitron Components has a valuation score of 71, which is 27 points higher than the electronic & computer distribution industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Taitron Components's stock has dropped -15.2% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -51 percentage points.

3. Avnet (NASDAQ:AVT)

Avnet (NASDAQ:AVT) is the third most undervalued electronic & computer distribution stock based on WallStreetZen's Valuation Score. Avnet has a valuation score of 71, which is 27 points higher than the electronic & computer distribution industry average of 44. It passed 5 out of 7 valuation due diligence checks.

Avnet's stock has gained 23.27% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -13 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 -0.27% 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 14.67x.

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.

Electronic & Computer Distribution Stocks FAQ

1. Scansource (NASDAQ:SCSC)

2. Taitron Components (NASDAQ:TAIT)

3. Climb Global Solutions (NASDAQ:CLMB)

1. Taitron Components (NASDAQ:TAIT)

2. Avnet (NASDAQ:AVT)

3. Td Synnex (NYSE:SNX)

1. Arrow Electronics (NYSE:ARW)

2. Taitron Components (NASDAQ:TAIT)

3. Avnet (NASDAQ:AVT)

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