If You Invested $1000 In Arrow Electronics Stock 20 Years Ago, You Would Have This Much Today

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.

JS&P 500 Hits Record As Jobs Shock Sinks Rate-Hike Bets: Stock Market Today

U.S. payrolls fell 23,000 in July, gutting September Fed hike odds. The S&P 500 hit a record, while gold jumped to a seven-week high.

Wells Fargo Maintains Underweight on Arrow Electronics, Raises Price Target to $200

Wells Fargo analyst Joseph Quatrochi maintains Arrow Electronics (NYSE:ARW) with a Underweight and raises the price target from $175 to $200.

Arrow Electronics shares are trading lower despite reporting better-than-expected Q2 financial results and issued Q3 EPS guidance above estimates. Truist Securities maintained its Buy rating and lowered its price target from $260 to $250 after the stock had roughly doubled year-to-date.