In our latest evaluation of the top investment opportunities within the electronic components sector, we have compiled a list of the 10 Best Electronic Components Stocks to Buy Now. In this piece, we will delve into how TE Connectivity plc (NYSE: TEL) ranks among its competitors within this dynamic field, as well as the broader implications of recent tariff exemptions on the industry.

Recently, President Donald Trump made headlines by exempting a range of electronic devices, including smartphones, computers, and various technology components, from reciprocal tariffs. This decision came amidst the backdrop of his administration imposing a staggering 145% tariff on products imported from China. A new directive issued by the US Customs and Border Protection on April 11, provided clarity on this matter, extending these exemptions to essential items such as semiconductors, solar cells, flat panel TV displays, flash drives, and memory cards.

The White House articulated that these exemptions serve a strategic purpose: to offer companies a window of opportunity to transition their production and manufacturing bases to the United States. However, this temporary reprieve may not last long. On April 13, US Commerce Secretary Howard Lutnick warned that these electronics and components could soon be subject to new tariffs. Adding to the uncertainty, President Trump took to social media to assert that the previously mentioned products would not continue to enjoy such exceptions.

In tandem with these developments, the US Commerce Department has initiated a national security investigation focusing on imports of semiconductor technology and related products. This investigation was formally announced in a notice published on the Federal Register, inviting public comments on the matter until May 7, 2025. This move underscores that semiconductors and the broader electronic supply chain are likely to remain integral to President Trump's tariff strategies.

The scope of the investigation is extensive, encompassing chip components such as silicon wafers, the machinery used in chip production, and various downstream products that incorporate semiconductors. Given that semiconductors are vital components in a plethora of modern devices, the ramifications of this investigation could significantly shake up the tech and electronics industries.

To arrive at our list of the 10 best electronic components stocks to buy now, we employed stock screeners from reliable platforms like Finviz and Yahoo Finance, focusing on the largest companies in the electronic components arena. We sorted our findings based on market capitalization and then narrowed it down to the top 25 electronic components stocks. Our review process also included our own rankings, insights from financial media, and other online resources to finalize our selection of the most promising stocks. Furthermore, we emphasized the 10 stocks that are particularly favored by institutional investors, using data from Insider Monkeys Q4 2024 database, which tracks over 1,000 elite hedge funds. We then ranked these stocks in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024.