Summary A global player trading at around 10x LTM earnings. A look at the fundamentals, variety of valuation methods, guidance, historical guidance and headwinds. Investors interested can profit by focusing on the low end of the valuation and the 200-day MA. Avnet (NYSE:AVT) is a global electronics distributor and along with competitor Arrow Electronics (NYSE:ARW) … [Read more...]
Arrow Electronics Is Pointing Sideways
Summary Arrow is a global leader in tech distribution, trading at under 10x earnings. Financial results indicate sideways performance at best with growth mostly coming from buybacks. Despite cheapness the stock should be avoided based on FX headwinds, weak benefits from acquisitions, and cash flows that don't justify a long. Arrow Electronics (NYSE:ARW) is a … [Read more...]