Arrow Electronics and Avnet are highlighted as potentially undervalued stocks by Zacks Investment Research, based on their value metrics and earnings outlook. Arrow Electronics holds a Zacks Rank #1 (Strong Buy) and a Value grade of A, with a P/E ratio of 9.44 compared to its industry average of 14.76, a PEG ratio of 0.46 versus an industry average of 0.49, a P/B ratio of 0.98 against an industry average of 2.13, a P/S ratio of 0.32 compared to an industry average of 0.48, and a P/CF ratio of 9.63 versus an industry average of 18.54. Avnet, also in the Electronics - Parts Distribution industry, carries a Zacks Rank #2 (Buy) and a Value grade of A, with a forward P/E of 10.47, a PEG ratio of 0.36, and a P/B ratio of 0.89. Both companies' current valuations and strong earnings outlooks make them stand out as top value picks.
Arrow Electronics IncZacks highlights Arrow Electronics as undervalued with strong value metrics and a Strong Buy rating.
Avnet IncZacks highlights Avnet as undervalued with strong value metrics and a Buy rating.