In our latest analysis, we have compiled a comprehensive list of the 10 Best Electronic Components Stocks to Buy Now. This article will delve into the standing of TTM Technologies, Inc. (NASDAQ:TTMI) in comparison to other notable players in the electronic components sector.

Recently, significant developments have emerged in the context of U.S. trade policy, particularly regarding tariffs that affect the technology sector. On April 11, 2019, President Donald Trump announced exemptions for essential electronic devices, including smartphones, computers, and various tech components, from his previously imposed reciprocal tariffs. This decision followed the implementation of hefty tariffs reaching as high as 145% on products imported from China, aimed at reshaping international trade dynamics.

The new guidance issued by the U.S. Customs and Border Protection outlined specific exemptions that also encompass crucial items such as semiconductors, solar cells, flat-panel TV displays, flash drives, and memory cards. These exemptions are essential, as they allow companies the necessary latitude to transition their production and manufacturing operations back to the United States, aligning with the administration's emphasis on boosting domestic production.

On April 13, U.S. Commerce Secretary Howard Lutnick commented on the evolving situation, indicating that the electronics and components currently enjoying exemptions would soon be subjected to new tariffs. This statement aligns with President Trump's remarks on social media, where he clarified that no exceptions would be made regarding these products in the future.

Moreover, the investigation initiated by the U.S. Commerce Department into semiconductor technology and related product imports underscores a broader concern regarding national security. An official notice published in the Federal Register has called for public comments regarding this investigation, which is set to conclude on May 7, 2025. This investigation indicates that semiconductors and the entire electronic supply chain are firmly within the scope of President Trump's tariff strategy.

The investigation encompasses a wide array of items, including essential chip components such as silicon wafers, equipment utilized in chip manufacturing, and downstream products containing semiconductors. Given that semiconductors are integral to virtually all modern electronic devices, the ramifications of this investigation could significantly impact the technology and electronics sectors.

Methodology

In compiling our list of the 10 Best Electronic Components Stocks to Buy Now, we utilized stock screeners from Finviz and Yahoo Finance to identify the largest corporations within the electronic components industry. Our methodology involved sorting these companies based on their market capitalization, from which we selected the top 25 electronic components stocks.

The subsequent evaluation included a thorough review of financial media reports, rankings, and various online resources to create a robust list of the best electronic component stocks. Additionally, we focused on the stocks most favored by institutional investors, utilizing data from Insider Monkeys Q4 2024 database, which tracks sentiment from over 1,000 elite hedge funds. Ultimately, the final selection of the 10 best electronic components stocks was ranked in ascending order based on the number of hedge funds holding stakes in each stock as of Q4 2024.