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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 ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SCSC
SCANSOURCE INC
NASDAQ
Electronics & Computer Distribution
$1.22B$49.492.93%$147.30M15.47x0.89
TAIT
TAITRON COMPONENTS INC
NASDAQ
Electronics & Computer Distribution
$19.24M$3.201.11%$2.17M11.41x0.08
ARW
ARROW ELECTRONICS INC
NYSE
Electronics & Computer Distribution
$6.92B$129.980.75%$1.42B10.09x2.54
AVT
AVNET INC
NASDAQ
Electronics & Computer Distribution
$4.83B$53.450.30%$1.16B8.51x1.47
CLMB
CLIMB GLOBAL SOLUTIONS INC
NASDAQ
Electronics & Computer Distribution
$257.91M$56.253.78%$18.24M21.80x2.90
IZM
ICZOOM GROUP INC
NASDAQ
Electronics & Computer Distribution
$23.23M$2.250.45%$3.16M11.84x4.67
NSIT
INSIGHT ENTERPRISES INC
NASDAQ
Electronics & Computer Distribution
$6.85B$210.342.51%$512.72M23.09x2.74
CNXN
PC CONNECTION INC
NASDAQ
Electronics & Computer Distribution
$1.80B$68.222.02%$124.59M21.80x0.36
SNX
TD SYNNEX CORP
NYSE
Electronics & Computer Distribution
$10.90B$124.350.83%$1.49B18.05x2.43
SNPO
SNAP ONE HOLDINGS CORP
NASDAQ
Electronics & Computer Distribution
$813.57M$10.630.19%$101.84M-27.97x1.10
1

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 13 points higher than the electronic & computer distribution industry average of 40. It passed 17 out of 33 due diligence checks and has strong fundamentals. Scansource has seen its stock return 71.9% 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 -27.26% from Scansource's current stock price of $49.49.

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 -13.18% over the past year, underperforming other electronic & computer distribution stocks by -52 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 8.74% over the past year, underperforming other electronic & computer distribution stocks by -30 percentage points.

Arrow Electronics has an average 1 year price target of $124.00, a downside of -4.6% from Arrow Electronics's current stock price of $129.98.

Arrow Electronics stock has a consensus Hold 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, 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 4.69%, which is 3 percentage points higher than the electronic & computer distribution industry average of 1.98%. 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 2.28%, which is the same as the electronic & computer distribution industry average of 1.98%. 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 1.21%, which is -1 percentage points lower than the electronic & computer distribution industry average of 1.98%. 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 1.75% in the last day, and up 3.55% 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 8.74% 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 -13.18% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -52 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 29.36% in the past year. It has underperformed other stocks in the electronic & computer distribution industry by -10 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 -2.68% 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 15.08x.
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