Stockchase Opinions

Jim Cramer - Mad Money Avnet AVT-Q COMMENT Sep 10, 2021

They're a mega seller of computer hardware and electronic components, including semiconductors. Last month, they reported strong numbers with much better than expected guidance. A great company. But the stock has now pulled back. It trades at less than 9x this year's earnings, though it's been as high as 18x in the past.
$38.750

Stock price when the opinion was issued

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HOLD

It's frustrating, because shares are declining, but it trades at a low multiple and is profitable.  Hold on.