The 57 rating InvestorsObserver gives to Arrow Electronics, Inc. (ARW) stock puts it near the top of the Electronics & Computer Distribution industry. In addition to scoring higher than 83 percent of stocks in the Electronics & Computer Distribution industry, ARW’s 57 overall rating means the stock scores better than 57 percent of all stocks.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.
What’s Happening With Arrow Electronics, Inc. Stock Today?
Arrow Electronics, Inc. (ARW) stock has gained 0.92% while the S&P 500 is lower by -0.11% as of 11:18 AM on Monday, Sep 27. ARW is higher by $1.05 from the previous closing price of $113.65 on volume of 281,155 shares. Over the past year the S&P 500 is higher by 32.78% while ARW is higher by 44.10%. ARW earned $11.17 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.26.