President Trump recently exempted smartphones, computers, and many other electronic and tech devices and components from his reciprocal tariffs. A new guidance from US Customs and Border Protection that was issued on Friday, April 11 came after Trump had imposed 145% tariffs on products from China. The guidance also includes exemptions for semiconductors, solar cells, flat panel TV displays, flash drives, and memory cards.
READ ALSO: 14 Best American Tech Stocks To Buy Now and 10 Best EV Stocks to Buy Under $50.
The White House explained that these exemptions were made because President Trump wants to give companies time to move their production and manufacturing to the US. On Sunday, April 13, US Commerce Secretary Howard Lutnick pointed out that these electronics and components would soon be covered under new tariffs. President Trump also said on social media that these products will receive no exceptions.
According to a Federal Register notice put online, the US Commerce Department started a national security investigation into imports of semiconductor technology and related products. The official document calls for public comments on the investigation with the comment period stated to end on May 7, 2025. This further confirms that chips and the electronic supply chain are not to be excluded from President Donald Trump’s tariff plans.
The investigation covers a wide variety of items. These include chip components like silicon wafers, equipment used to make chips, and “downstream products that contain semiconductors.” Semiconductors play a crucial role in various modern electronic devices and this investigation could have a big impact on the tech and electronics industries.
With this background in mind, let’s take a look at the 10 best electronic components stocks to buy now.
A research and development laboratory with scientists examining sophisticated electronic components.
Our Methodology
To compile our list of the 10 best electronic components stocks to buy now, we used stock screeners from Finviz and Yahoo Finance to find the largest electronic components companies. We sorted our results based on market capitalization and picked the top 25 electronic components stocks. We also reviewed our own rankings, financial media reports, and various online resources to compile a list of the best electronic components stocks. Next, we focused on the 10 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q4 2024 database of more than 1,000 elite hedge funds. Finally, the 10 best electronic components stocks to buy now were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024.
Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10 Best Electronic Components Stocks to Buy Now
10. Universal Display Corporation (NASDAQ:OLED)
Number of Hedge Fund Holders: 30
Universal Display Corporation (NASDAQ:OLED) is an electronic components company that is focused on the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials. These solutions are used in display and solid-state lighting applications. The company’s proprietary technologies and materials, including its breakthrough high-efficiency UniversalPHOLED technology, help manufacturers deliver high-quality OLEDs for use in a wide range of consumer electronics like TVs, smartphones, and smartwatches. Universal Display Corporation (NASDAQ:OLED) ranks among the best electronic components stocks to buy now.
On April 17, Goldman Sachs lowered its price target on Universal Display Corporation (NASDAQ:OLED) from $196 to $172 ahead of the company’s Q1 earnings. However, the firm kept a “Buy” rating on the stock. The firm’s analyst told investors in a research note that the company’s near-term results are expected to be relatively solid but noted that potential demand fluctuations due to tariff uncertainties could impact performance. Goldman Sachs also pointed out that there are concerns about Universal Display Corporation’s (NASDAQ:OLED) visibility in the second half of the year. These concerns reflect a weaker backdrop in critical end markets like smartphones.
9. Littelfuse, Inc. (NASDAQ:LFUS)
Number of Hedge Fund Holders: 31
Littelfuse, Inc. (NASDAQ:LFUS) is an American diversified industrial technology manufacturing company. It produces fuses, relays, relays, semiconductors, switches, sensors, and a range of other components. The company’s products are found in a range of industrial, transportation, and electronics end markets. Littelfuse, Inc. (NASDAQ:LFUS) ranks among the best electronic components stocks to buy now.
The company ended the year 2024 with strong performance in its Electronic segment. Littelfuse, Inc. (NASDAQ:LFUS) reported that the segment reached its highest book-to-bill ratio since Q2 2022. In 2024, the electronics market trends showed mixed results but improved in Q4 2024. Data center remained a major growth driver driven partly by AI applications. Littelfuse, Inc. (NASDAQ:LFUS) reported important new electronics end-market design wins, a meaningful data center win for a cooling application in North America, and an infrastructure application in Japan. The company secured datacom, server, and computing wins in North America, China, and Taiwan. Littelfuse, Inc. (NASDAQ:LFUS) also secured business wins for building technology and automation applications in North America, China, Taiwan, and India. The company’s management believes that these business awards combined with the company’s broad technology capabilities and diverse market exposure position the company well to deliver solid earnings growth in 2025.
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.
7. Fabrinet (NYSE:FN)
Number of Hedge Fund Holders: 36
Fabrinet (NYSE:FN) is a major provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers (OEMs) of complex products. The company offers a wide variety of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, advanced packaging, integration, final assembly, and testing. Fabrinet (NYSE:FN) has engineering and manufacturing operations in Thailand, the People’s Republic of China, Israel, and the US. The company serves customers in a wide range of markets like aerospace, automotive, industrial, laser products, medical, life science, and optical electronics. Fabrinet (NYSE:FN) ranks among the best electronic components stocks to buy.
On April 17, JPMorgan reduced its price target on Fabrinet (NYSE:FN) from $265 to $220 and maintained a “Neutral” rating on the stock. The firm updated hardware and networking models to better reflect the impact of the current economic uncertainty that is stemming from tariffs. JPMorgan analysts expect a broader slowdown to lead to lower demand from consumers, businesses, and telecom customers. As a result, the firm has adjusted its outlook to reflect this expected drop in demand with a more cautious view of Fabrinet’s (NYSE:FN) future performance in a difficult climate of economic instability.
6. Celestica Inc. (NYSE:CLS)
Number of Hedge Fund Holders: 44
Celestica Inc. (NYSE:CLS) is a global electronics manufacturing services (EMS) company that is based in Canada. The company specializes in design, manufacturing, hardware platform, and supply chain solutions to deliver end-to-end product lifecycle solutions for various industries, including technology, aerospace, industrial, and healthcare. The company offers off-the-shelf or customized solutions for networking, storage and computing. Celestica Inc. (NYSE:CLS) ranks among the best electronic components stocks to buy now.
The company is riding the AI wave through its AI/ML compute business and the current robust demand environment for data center hardware. The company has recently won a 1.6 Terabyte switching program with a major hyperscaler customer and an HPS Full Rack AI System program award. Rob Milonis, the CEO of the firm, stated during the company’s Q4 2024 earnings call that increased AI accessibility is expected to drive demand for networking solutions and pointed out that networking plays a crucial role in scaling AI systems, transporting data, training, and inference.
Renaissance Investment Management, an investment management company, stated the following regarding Celestica Inc. (NYSE:CLS) in its Q4 2024 “International Small Cap Strategy” investor letter:
“The top contributor to our portfolio performance during the quarter was Celestica Inc. (NYSE:CLS) (Canada), as the provider of electronic manufacturing services benefits from ongoing investments in AI infrastructure and high-bandwidth networking solutions. Celestica is well positioned to capitalize on emerging opportunities in next-generation data centers and networking technologies.”
5. TE Connectivity plc (NYSE:TEL)
Number of Hedge Fund Holders: 50
TE Connectivity plc (NYSE:TEL) is a global industrial technology company that designs and manufactures electrical and electronic components. The company’s wide range of sensor and connectivity solutions enable the distribution of power, signal, and data to support transportation, energy networks, automated factories, data centers, medical technology, appliances, and intelligent buildings and smart cities. TE Connectivity plc (NYSE:TEL) is one of the best electronic components stocks to buy now.
On April 14, Citi reduced its price target on TE Connectivity plc (NYSE:TEL) to $142 from $165 but kept a “Neutral” rating on the stock. This adjustment comes even after a potential boost to the North American communications equipment sector after the Trump administration’s reciprocal tariff exemptions on PCs, smartphones, and other electronic products. Citi has adopted a cautious view and reduced its data center capital expenditure and PC market projections while citing a “macro-induced” decline in demand because of broader economic challenges. The firm prefers stocks tied to AI servers over those linked to enterprise solutions. According to Citi, the consumer segment is expected to be hit the hardest by inflation and reduced demand. This indicates a tough environment for consumer electronics in the near future.
4. Flex Ltd. (NASDAQ:FLEX)
Number of Hedge Fund Holders: 52
Flex Ltd. (NASDAQ:FLEX), previously known as Flextronics, is a multinational electronics manufacturing services company. With a global workforce across 30 countries, the company offers design and engineering, supply chain, and advanced manufacturing solutions to diverse industries and end markets like automotive, cloud, communications, consumer devices, data center, healthcare, industrial, and lifestyle. Flex Ltd. (NASDAQ:FLEX) is one of the best electronic components stocks to buy now according to hedge funds.
In February 2025, Flex Ltd. (NASDAQ:FLEX) announced it is expanding its manufacturing capacity in the US with a new 400,000-square-foot manufacturing facility in Dallas. The new facility will focus on power products and will boost the company’s production capacity and efficiency for its grid-to-chip data center power infrastructure solutions like power pods, power distribution units, and low-voltage switchgear. Flex Ltd. (NASDAQ:FLEX) is strategically investing to enhance its ability to meet the rising power infrastructure demands driven by the rise of AI. This move will also reduce the production lead times for customers in the US. This growth initiative comes after the company’s acquisition of Crown Technical Systems in October 2024. Flex Ltd. (NASDAQ:FLEX) is actively investing in its capabilities to serve the data center market.
3. Jabil Inc. (NYSE:JBL)
Number of Hedge Fund Holders: 55
Jabil Inc. (NYSE:JBL) is an American multinational manufacturing company that designs and manufactures electronic circuit board assemblies and systems. The company’s solutions span across advanced automation, autonomous systems, connected solutions, printed electronics, and more. Jabil Inc. (NYSE:JBL) serves customers in a range of markets including healthcare, packaging, smartphones, cloud equipment, automotive, and home appliances. The company also offers supply chain services to some of the biggest brands in the world. JBL ranks among the best electronic components stocks to invest in.
The company is making moves to create advanced technology solutions to serve the fast-growing and fast-changing AI and data center markets. On April 1, Jabil Inc. (NYSE:JBL) announced the launch of its new 1.6T transceivers. These transceivers, which can transmit data at rates up to 1.6 Terabits per second, are highly efficient and can double the data capacity of data center racks without requiring any changes to existing infrastructure. The new 1.6T transceivers are a part of Jabil Inc.’s (NYSE:JBL) growing portfolio of photonics products to support the accelerating demand for AI/ML workloads, high-performance computing (HPC), cloud computing, and high-speed data center interconnects.
2. Corning Incorporated (NYSE:GLW)
Number of Hedge Fund Holders: 73
Corning Incorporated (NYSE:GLW) is an American multinational company that specializes in damage-resistant cover glass, precision glass for advanced displays, auto glass, ceramics, optical fiber, wireless technologies, and connectivity solutions. The company’s products are used in a range of markets including optical communications, mobile consumer electronics, display, automotive, solar, semiconductors, and life sciences. Corning Incorporated (NYSE:GLW) ranks among the best electronic components stocks to buy.
The company is focused on innovation to address the changing demands of the markets it serves. In March 2025, Corning Incorporated (NYSE:GLW) introduced Corning GlassWorks AI solutions, a “one-stop shop” of customized data center products and services designed to help operators build the dense fiber infrastructure needed for generative AI. GlassWorks AI offers industry-leading cable and connectivity solutions along with support for network planning, design, and deployment support. GlassWorks AI can help operators address the challenges of scale and density with a range of technologies, including the new Contour Flow Cable by Corning Incorporated (NYSE:GLW). This cable can fit double the fiber into existing cable diameters to accelerate and simplify deployments of interconnected data center networks.
1. Amphenol Corporation (NYSE:APH)
Number of Hedge Fund Holders: 86
Amphenol Corporation (NYSE:APH) is an American company that ranks among the best electronic components stocks to buy now. It is a major designer, manufacturer, and marketer of electrical, electronic, and fiber optic connectors and interconnect systems, antennas, sensors, and sensor-based products and coaxial and high-speed specialty cable. The company has operations in approximately 40 countries around the world. Through its products, Amphenol Corporation (NYSE:APH) serves a range of end markets including Automotive, Broadband Communications, Commercial Aerospace, Defense, Industrial, Information Technology and Data Communications, Mobile Devices, and Mobile Networks.
On April 14, Citi adjusted its outlook on Amphenol Corporation (NYSE:APH) and reduced the price target from $89 to $75 while maintaining a “Buy” rating. This adjustment came after the Trump administration announced reciprocal tariff exemptions on PCs, smartphones, and other products. This is expected to help the North American communications equipment sector. Despite this, Citi lowered its forecasts for data center capital expenditures and PC models to reflect anticipated weaker demand because of broader economic conditions. The firm has expressed a preference for stocks with exposure to AI servers. Many enterprises maintain a fixed IT budget and are not likely to increase spending in response to rising prices. Citi believes that the consumer sector is expected to get hit the hardest by inflation and lower demand. These factors saw the firm lower the price target for Amphenol Corporation (NYSE:APH).
Overall, APH ranks first among the 10 best electronic components stocks to buy now. While we acknowledge the potential of electronic components companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than APH but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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