Wells Fargo Maintains Underweight on Avnet, Raises Price Target to $72

Richardson Electronics Rides on Portfolio Strength: Worth a Buy?

Richardson Electronics (RELL) is well-positioned for sustained growth driven by semiconductor wafer fabrication, wind energy, and battery energy storage. The company's Power and Microwave Technologies segment saw fiscal Q4 revenues jump 28.1% to $47.5M, while backlog reached $164.4M (up 22.5% YoY). Management expects continued revenue growth and margin improvement in fiscal 2027, with BESS becoming a meaningful revenue driver by fiscal 2028.

Reported Earlier, Avnet Increases Quarterly Dividend By 5.7% To $0.37 Per Share, Payable September 23

Jim Cramer: United Microelectronics Is A ‘Tough’ One, Pass On This Industrial Stock

Cramer says no to UMC, calls Avnet a good stock. Recommends avoiding Archer Aviation and highlights its recent sales and acquisitions.

Avnet Filed For Mixed Shelf Offering, Size Not Disclosed