10 Best Electronic Components Stocks to Buy Now

8. TTM Technologies, Inc. (NASDAQ:TTMI)

Number of Hedge Fund Holders: 33

TTM Technologies, Inc. (NASDAQ:TTMI) is an American multinational manufacturer of technology solutions including mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and quick-turn and technologically advanced printed circuit boards (PCBs). Through its solutions, the company serves a variety of markets like aerospace and defense, automotive, computing, 5G, medical, industrial and instrumentation, and networking and communications. TTM Technologies, Inc. (NASDAQ:TTMI) ranks among the best electronic components stocks to buy now.

The company is focused on expanding its Aerospace and Defense and Data Center Computing businesses. TTM Technologies, Inc. (NASDAQ:TTMI) reported net sales of $2.4 billion for 2024, an increase of 9.4% from 2023. This growth was supported primarily by generative AI in the Data Center Computing market and continued strength in the Aerospace and Defense market. In Q4 2024, Data Center Computing made up a record 22% of TTM Technologies, Inc.’s (NASDAQ:TTMI) total revenue. The company is investing in growth opportunities by opening a new manufacturing facility in Penang, Malaysia, to support customer supply chain resiliency needs. TTM Technologies, Inc. (NASDAQ:TTMI) also started constructing a new ultra-HDI manufacturing facility in Syracuse, New York.