In an ever-evolving tech landscape, we have identified the ten best electronic components stocks currently on the market, with a specific focus on how Corning Incorporated (NYSE:GLW) compares to its peers. This selection comes at a time when significant changes in trade policies and tariffs could substantially impact the electronic components sector.

Recently, President Trump announced exemptions for smartphones, computers, and a variety of electronic devices from reciprocal tariffs. This decision, which was formalized in a guidance issued by the US Customs and Border Protection on April 11, followed Trump's earlier imposition of steep 145% tariffs on products imported from China. The new exemptions are not limited to just consumer electronics; they also extend to essential components such as semiconductors, solar cells, flat panel TV displays, flash drives, and memory cards.

The rationale behind these exemptions, as articulated by the White House, is to provide companies with a crucial window to relocate their production and manufacturing operations to the United States. However, Commerce Secretary Howard Lutnick highlighted on April 13 that this reprieve may be short-lived. He cautioned that these electronics and components will soon fall under new tariffs, which Trump has explicitly stated will not receive any further exemptions.

Adding to the complexity of the situation, the US Commerce Department has initiated a national security investigation into the imports of semiconductor technology and related products. This investigation was officially announced via a notice in the Federal Register and invites public comments on the matter, with the comment period set to conclude on May 7, 2025. This scrutiny underscores the administrations commitment to ensuring that electronic components and the broader tech supply chain are not exempt from President Trump's tariff plans.

The investigation encompasses an extensive range of items. Among these are crucial chip components, including silicon wafers, manufacturing equipment, and downstream products that contain semiconductors. Given that semiconductors are vital to the functionality of numerous modern electronic devices, the outcome of this investigation could have profound implications for the tech and electronics industries as a whole.

Methodology

To create our list of the ten 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 sector. Our analysis began with sorting these companies by market capitalization, from which we selected the top 25 electronic components stocks. Our rankings were further refined through a review of financial media reports and various online resources. Additionally, we placed a specific emphasis on the stocks that are most favored by institutional investors. The data regarding hedge fund sentiment for each stock was sourced from Insider Monkeys Q4 2024 database, which encompasses over 1,000 elite hedge funds. Finally, we ranked the ten best electronic components stocks in ascending order based on the number of hedge funds currently holding stakes in them as of the fourth quarter of 2024.