The Latest Breaking News from AVT

Since the start of the year, U.S. technology stocks have suffered a brutal selloff due to various macroeconomic and geopolitical concerns. However, the technology industry is expected to grow significantly in the coming months, owing to strong demand, the incorporation of new and advanced technologies, and increased corporate and government…

The recent market sell-offs on concerns over persistent economic headwinds have caused electronics stocks to witness massive price declines. However, surging demand for advanced consumer and industrial electronics products should allow the industry to rebound soon. So, quality electronics stocks AstroNova (ALOT), Arrow Electronics (ARW), Avnet (AVT), CTS Corporation (CTS),…

The electronics component distributor Avnet (AVT) reported better-than-expected second-quarter results and presented impressive guidance for the current quarter. Furthermore, the stock has outperformed the broader index so far this year. But will it be able to maintain its momentum amid current market volatility? Read on. Let’s discuss.

Avnet (NASDAQ:AVT) is set to give its latest quarterly earnings report on Wednesday, 2022-01-26. Here's what investors need to know before the announcement. Analysts estimate that Avnet will likely report an Earnings Per Share (EPS) of $1.27.

Commercialization of 5G has already begun in many countries, and the pace is expected to accelerate in the coming years. With remote working and digitization becoming the ‘new normal,’ the 5G market is expected to keep expanding. Moreover, federal investments should support the industry’s growth. Thus, it could be wise…