This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Equipment Stocks to Buy: Analysts

Arrow Electronics distributes products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow is a channel partner for more than 1,200 suppliers and 115,000 original equipment manufacturers, contract manufacturers and commercial customers worldwide.

Revenue rose to $5.22 billion during the 2011 first quarter from $4.24 billion in the same period the year before. During the quarter, component sales grew 24% year over year, while enterprise-computing solutions increased 21%.

Net profit improved to $136.3 million from $87 million in the first quarter of 2010. Commenting on the improving profitability, Paul J. Reilly, Arrow CFO, said, "Our returns this quarter demonstrate our unwavering commitment to creating shareholder value. Return on working capital and return on invested capital advanced 240 basis points and 190 basis points, respectively, to nearly 32% and to 14%."

The average of analysts' price targets implies that the stock could rise 43% over the next year. Eight-five percent of analysts covering the stock rate it a buy. The stock has a price-to-earnings ratio of 7, based on estimated 2011 earnings.
4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AXE $59.91 0.45%
ARW $59.53 -0.15%
CPST $1.44 -1.37%
TTMI $6.50 3.17%
AAPL $92.72 -0.56%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs