In the fast-evolving landscape of technology investments, we have put together a comprehensive overview of the 10 Best Electronic Components Stocks to Buy Now. This article aims to provide insight into how Universal Display Corporation (NASDAQ:OLED) measures up against its peers in the electronic components sector.

Recently, President Donald Trump announced exemptions for certain electronic devices, including smartphones and computers, from his reciprocal tariff regime. This significant policy shift was communicated through a new guidance issued by the U.S. Customs and Border Protection on April 11. This guidance comes on the heels of an imposing 145% tariff on numerous items imported from China. Notably, the exemptions extend to a range of electronic components such as semiconductors, solar cells, flat panel TV displays, flash drives, and memory cards.

The White House elaborated on the rationale behind these exemptions, indicating a desire on President Trumps part to afford companies the necessary time to relocate their production and manufacturing bases to the United States. However, it is important to note that on April 13, U.S. Commerce Secretary Howard Lutnick warned that these electronics and components could soon fall under renewed tariffs. In a subsequent social media post, President Trump reiterated that these products would not be granted permanent exceptions.

In a related development, the U.S. Commerce Department has initiated a national security investigation into the importation of semiconductor technology and associated products. A notice published in the Federal Register invites public commentary concerning the investigation, which will remain open until May 7, 2025. This investigation underscores the importance of semiconductors within the electronic supply chain, and it reinforces that they are not exempt from the tariff measures proposed by President Trump.

The scope of this investigation is extensive, encompassing a wide array of items including chip components, silicon wafers, manufacturing equipment, and downstream products that incorporate semiconductors. Given the pivotal role that semiconductors play in powering a multitude of modern electronic devices, the outcome of this investigation could significantly impact the technology and electronics industries at large.

Methodology

To generate 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 companies in the electronic components arena. Our results were organized based on market capitalization, from which we selected the top 25 companies. We also incorporated insights from our own evaluations, financial media reports, and various online resources to curate the most desirable electronic components stocks.

Further refining our selection, we focused on the 10 stocks that have garnered the most interest from institutional investors. The data concerning hedge fund sentiment for each stock was sourced from Insider Monkeys Q4 2024 database, which includes information from over 1,000 elite hedge funds. Ultimately, the stocks were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024.