5 Tech Stocks With Low PE Ratio

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1. Avnet, Inc. (NASDAQ:AVT)

P/E Ratio: 5.65

Number of Hedge Fund Holders: 27

Avnet, Inc. (NASDAQ:AVT) is an Arizona-based company that makes electronics components. Avnet, Inc. (NASDAQ:AVT) ships more than 117 billion electronic components per year to over 2 million customers. Avnet, Inc. (NASDAQ:AVT) is operating in two segments: Electronics Marketing (EM) and Premier Farnell (PF).

Avnet, Inc. (NASDAQ:AVT) is also a dividend payer. Back in November, Avnet (NASDAQ:AVT) declared a $0.29/share quarterly dividend, in line with previous. Forward dividend yield at the time came in at 2.62%.

As of the end of the third quarter, 27 hedge funds tracked by Insider Monkey had stakes in Avnet, Inc. (NASDAQ:AVT). The total value of these stakes was $610 million.

You can also take a peek at 11 Best Stocks To Buy for Deflation and 15 Most Innovative Countries in the World.

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