Investors looking to diversify their portfolio may consider adding hardware industry stocks. These stocks have shown strong growth potential in recent years, due to the increasing demand for technology and IT products. Companies in the hardware industry produce items like computers, servers, and electronics, which are essential in today's digital age. With the rise of remote work and artificial intelligence, hardware industry stocks are expected to continue performing well in the market. However, it's important for investors to conduct thorough research and consider factors like industry trends and competition before investing in these stocks.
| Symbol | Exchange | Name | MCAP | Price | Change | PE Ratio | Yield |
|---|---|---|---|---|---|---|---|
| WBX | NYSE | Wallbox NV | 0.13B | 0.51 | -2.49 | 0.00 | 0.00 |
| GPRO | NASDAQ | GoPro Inc | 0.16B | 1.05 | -0.95 | 4.73 | 0.00 |
| MVIS | NASDAQ | Microvision Inc | 0.25B | 1.16 | -8.67 | 0.00 | 0.00 |
| SATX | NYSE | SatixFy Communications Ltd | 0.13B | 1.48 | 20.33 | 0.00 | 0.00 |
| KOPN | NASDAQ | Kopin Corp | 0.28B | 1.84 | 25.17 | 0.00 | 0.00 |
| ONDS | NASDAQ | Ondas Holdings Inc | 0.22B | 2.28 | -10.24 | 0.00 | 0.00 |
| NNDM | NASDAQ | Nano Dimension Ltd | 0.51B | 2.33 | -0.65 | 0.00 | 0.00 |
| CAN | NASDAQ | Canaan Inc | 0.67B | 2.34 | 0.87 | 2.06 | 0.00 |
| KULR | NYSE | KULR Technology Group Inc | 0.57B | 2.40 | -13.85 | 0.00 | 0.00 |
| GNSS | NASDAQ | Genasys Inc | 0.13B | 2.83 | -3.09 | 66.44 | 0.00 |
| LPL | NYSE | LG Display Co, Ltd AMERICAN DEPOSITORY SHARES | 3.18B | 3.18 | 0.00 | 26.26 | 0.00 |
| DDD | NYSE | 3D Systems Corp | 0.44B | 3.22 | 3.54 | 6.23 | 0.00 |
| LPTH | NASDAQ | LightPath Technologies Inc | 0.13B | 3.27 | -4.67 | 121.96 | 0.00 |
| YIBO | NASDAQ | Planet Image International Ltd | 0.18B | 3.36 | 4.35 | 14.34 | 0.00 |
| LTRX | NASDAQ | Lantronix Inc | 0.15B | 3.99 | 0.00 | 14.33 | 0.00 |
| CMTL | NASDAQ | Comtech Telecommunications Corp | 0.12B | 4.01 | 3.09 | 11.67 | 0.00 |
| VUZI | NASDAQ | Vuzix Corp | 0.30B | 4.06 | -1.34 | 0.00 | 0.00 |
| NOK | NYSE | Nokia Corporation Sponsored American Depositary Shares | 23.87B | 4.44 | -3.69 | 27.53 | 0.03 |
| CRNT | NASDAQ | Ceragon Networks Ltd | 0.41B | 4.81 | 8.47 | 23.43 | 0.00 |
| COMM | NASDAQ | CommScope Holding Co Inc | 1.11B | 5.10 | -4.50 | 0.00 | 0.00 |
| CRCT | NASDAQ | Cricut Inc | 1.19B | 5.56 | -1.07 | 19.97 | 0.03 |
| KVHI | NASDAQ | KVH Industries Inc | 0.12B | 6.04 | 0.67 | 270.54 | 0.00 |
| QBTS | NYSE | D-Wave Quantum Inc | 1.65B | 6.19 | -1.67 | 0.00 | 0.00 |
| INFN | NASDAQ | Infinera Corp | 1.56B | 6.60 | -0.46 | 0.00 | 0.00 |
| GILT | NASDAQ | Gilat Satellite Networks Ltd | 0.40B | 7.01 | 5.10 | 25.14 | 0.00 |
| VOXX | NASDAQ | VOXX International Corp | 0.17B | 7.37 | 0.21 | 9.31 | 0.00 |
| NEON | NASDAQ | Neonode Inc | 0.13B | 7.82 | -0.32 | 0.00 | 0.00 |
| ERIC | NASDAQ | Ericsson - American Depositary Shares each representing 1 underlying Class B share | 29.65B | 8.90 | 1.72 | 8,395.92 | 0.03 |
| CRSR | NASDAQ | Corsair Gaming Inc | 0.96B | 9.14 | 2.36 | 352.08 | 0.00 |
| SSYS | NASDAQ | Stratasys Ltd | 0.66B | 9.26 | -3.65 | 0.00 | 0.00 |
| ADTN | NASDAQ | Adtran Holdings Inc | 0.80B | 10.09 | 1.52 | 60.61 | 0.00 |
| AUDC | NASDAQ | AudioCodes Ltd. - Ordinary Shares | 0.30B | 10.50 | 1.75 | 27.15 | 0.03 |
| VIAV | NASDAQ | Viavi Solutions Inc | 2.37B | 10.67 | 1.58 | 27.03 | 0.00 |
| BKSY | NYSE | BlackSky Technology Inc | 0.33B | 10.68 | -2.83 | 0.00 | 0.00 |
| VSAT | NASDAQ | Viasat Inc | 1.38B | 10.75 | -9.02 | 1,228.61 | 0.00 |
| UEIC | NASDAQ | Universal Electronics Inc | 0.14B | 10.82 | 2.47 | 20.28 | 0.00 |
| RCAT | NASDAQ | Red Cat Holdings Inc | 0.87B | 10.91 | 16.44 | 1.33 | 0.00 |
| QUBT | NASDAQ | Quantum Computing Inc | 1.50B | 10.93 | -1.71 | 0.00 | 0.00 |
| OUST | NYSE | Ouster Inc | 0.58B | 11.27 | -1.40 | 0.00 | 0.00 |
| INSG | NASDAQ | Inseego Corp | 0.18B | 11.92 | 2.67 | 32.36 | 0.00 |
| HLIT | NASDAQ | Harmonic Inc | 1.45B | 12.42 | -0.33 | 16.25 | 0.00 |
| MEI | NYSE | Methode Electronics Inc | 0.47B | 13.07 | 0.31 | 15.87 | 0.04 |
| SONO | NASDAQ | Sonos Inc | 1.59B | 13.07 | -9.99 | 55.91 | 0.00 |
| RELL | NASDAQ | Richardson Electronics Ltd | 0.19B | 13.43 | 0.02 | 383.59 | 0.02 |
| TSAT | NASDAQ | Telesat Corporation - Class A Common Shares and Class B Variable Voting Shares | 0.22B | 15.50 | 16.81 | 7.56 | 0.00 |
| EXTR | NASDAQ | Extreme Networks Inc | 2.06B | 15.62 | 1.20 | 22.17 | 0.00 |
| ALOT | NASDAQ | AstroNova Inc | 0.12B | 16.44 | -2.96 | 24.14 | 0.00 |
| FEIM | NASDAQ | Frequency Electronics Inc | 0.16B | 16.45 | -3.30 | 22.02 | 0.00 |
| DAKT | NASDAQ | Daktronics Inc | 0.78B | 16.66 | -1.07 | 27.10 | 0.00 |
| SILC | NASDAQ | Silicom Ltd | 0.10B | 17.04 | 2.41 | 7.57 | 0.00 |
| KN | NYSE | Knowles Corp | 1.64B | 18.67 | 2.87 | 39.12 | 0.00 |
| LYTS | NASDAQ | LSI Industries Inc | 0.57B | 19.18 | 1.38 | 29.05 | 0.01 |
| AVNW | NASDAQ | Aviat Networks Inc | 0.25B | 19.37 | 1.42 | 15.46 | 0.00 |
| RGTI | NASDAQ | Rigetti Computing Inc | 5.46B | 19.51 | 2.58 | 0.00 | 0.00 |
| SONY | NYSE | Sony Group Corporation American Depositary Shares | 126.05B | 20.92 | 0.10 | 17.76 | 0.01 |
| HPE | NYSE | Hewlett Packard Enterprise Co | 28.42B | 21.61 | 4.10 | 12.63 | 0.02 |
| SATS | NASDAQ | EchoStar Corp | 6.67B | 23.32 | 1.26 | 11.96 | 0.00 |
| VPG | NYSE | Vishay Precision Group Inc | 0.31B | 23.33 | 3.05 | 23.73 | 0.00 |
| ASTS | NASDAQ | AST SpaceMobile Inc | 4.84B | 24.14 | 2.36 | 0.00 | 0.00 |
| TTMI | NASDAQ | TTM Technologies Inc | 2.61B | 25.62 | 1.63 | 39.20 | 0.00 |
| ALNT | NASDAQ | Allient Inc | 0.43B | 25.80 | 0.79 | 30.60 | 0.00 |
| NTGR | NASDAQ | Netgear Inc | 0.76B | 26.28 | 1.32 | 41.57 | 0.00 |
| DGII | NASDAQ | Digi International Inc | 1.04B | 28.25 | -3.22 | 52.49 | 0.00 |
| ST | NYSE | Sensata Technologies Holding PLC | 4.62B | 30.87 | 0.49 | 8.25 | 0.02 |
| BKTI | NYSE | BK Technologies Corp | 0.11B | 30.90 | -0.68 | 23.39 | 0.00 |
| AAOI | NASDAQ | Applied Optoelectronics Inc | 1.53B | 31.03 | 0.49 | 0.00 | 0.00 |
| FARO | NASDAQ | Faro Technologies Inc | 0.60B | 31.86 | 9.11 | 491.35 | 0.00 |
| SMCI | NASDAQ | Super Micro Computer Inc | 19.00B | 32.44 | 5.26 | 16.56 | 0.00 |
| HPQ | NYSE | HP Inc | 30.80B | 32.84 | 0.63 | 11.65 | 0.03 |
| ITRN | NASDAQ | Ituran Location and Control Ltd | 0.66B | 33.25 | 0.49 | 12.97 | 0.05 |
| FLEX | NASDAQ | Flex Ltd | 14.71B | 37.93 | -0.61 | 21.28 | 0.00 |
| CLFD | NASDAQ | Clearfield Inc | 0.54B | 38.15 | 0.77 | 333.33 | 0.00 |
| VNT | NYSE | Vontier Corp | 5.82B | 38.73 | -0.90 | 14.74 | 0.00 |
| JNPR | NYSE | Juniper Networks Inc | 12.84B | 38.79 | 0.31 | 51.36 | 0.02 |
| CGNX | NASDAQ | Cognex Corp | 6.75B | 39.36 | 2.19 | 79.51 | 0.01 |
| BHE | NYSE | Benchmark Electronics Inc | 1.64B | 45.63 | 0.56 | 27.27 | 0.01 |
| GLW | NYSE | Corning Inc | 40.96B | 47.84 | 1.04 | 285.53 | 0.02 |
| IONQ | NYSE | IonQ Inc | 11.05B | 51.07 | 6.91 | 0.00 | 0.00 |
| SCSC | NASDAQ | ScanSource Inc | 1.23B | 51.68 | 2.42 | 16.25 | 0.00 |
| CTS | NYSE | CTS Corp | 1.56B | 51.80 | 0.37 | 26.93 | 0.00 |
| MPTI | NYSE | M-Tron Industries Inc | 0.15B | 52.25 | 6.83 | 29.44 | 0.00 |
| AVT | NASDAQ | Avnet Inc | 4.67B | 53.73 | 1.54 | 14.09 | 0.02 |
| VICR | NASDAQ | Vicor Corp | 2.45B | 54.32 | 0.83 | 573.00 | 0.00 |
| WDC | NASDAQ | Western Digital Corp | 20.83B | 60.24 | 1.04 | 74.08 | 0.00 |
| CSCO | NASDAQ | Cisco Systems Inc | 245.50B | 61.64 | 0.02 | 26.71 | 0.03 |
| PSTG | NYSE | Pure Storage Inc | 21.34B | 65.42 | 1.09 | 185.00 | 0.00 |
| CNXN | NASDAQ | PC Connection Inc | 1.83B | 69.60 | 0.04 | 21.43 | 0.01 |
| TRMB | NASDAQ | Trimble Inc | 17.46B | 71.05 | -2.06 | 12.95 | 0.00 |
| FTV | NYSE | Fortive Corp | 26.42B | 76.16 | -0.88 | 32.21 | 0.00 |
| SANM | NASDAQ | Sanmina Corp | 4.17B | 77.39 | 0.21 | 21.49 | 0.00 |
| LOGI | NASDAQ | Logitech International S.A. - Registered Shares | 12.04B | 79.46 | 1.75 | 20.35 | 0.02 |
| BELFB | NASDAQ | Bel Fuse Inc | 1.04B | 83.00 | 3.77 | 19.71 | 0.00 |
| BELFA | NASDAQ | Bel Fuse Inc. - Class A Common Stock | 1.08B | 85.85 | -1.31 | 21.19 | 0.00 |
| CIEN | NYSE | Ciena Corp | 13.44B | 94.55 | 6.62 | 166.59 | 0.00 |
| ROG | NYSE | Rogers Corp | 1.78B | 95.65 | -2.83 | 37.40 | 0.00 |
| STX | NASDAQ | Seagate Technology Holdings PLC | 21.08B | 99.65 | 1.67 | 19.67 | 0.03 |
| LITE | NASDAQ | Lumentum Holdings Inc | 6.86B | 99.79 | -0.59 | 72.99 | 0.00 |
| COHR | NYSE | Coherent Corp | 16.08B | 103.95 | -6.56 | 39.12 | 0.00 |
| ITRI | NASDAQ | Itron Inc | 4.72B | 104.71 | -0.16 | 21.94 | 0.00 |
| CLS | NYSE | Celestica, Inc. Common Stock | 12.51B | 107.50 | 4.26 | 38.51 | 0.00 |
| ANET | NYSE | Arista Networks Inc | 144.36B | 114.59 | 1.74 | 62.03 | 0.00 |
| MKSI | NASDAQ | MKS Instruments Inc | 7.89B | 117.23 | 2.79 | 255.43 | 0.01 |
| DELL | NYSE | Dell Technologies Inc | 83.61B | 119.83 | 7.86 | 20.13 | 0.02 |
| BDC | NYSE | Belden Inc | 4.85B | 120.36 | -1.41 | 28.06 | 0.00 |
| SNX | NYSE | TD Synnex Corp | 10.24B | 122.34 | -0.59 | 17.92 | 0.01 |
| ARW | NYSE | Arrow Electronics Inc | 6.44B | 122.44 | 1.62 | 13.27 | 0.00 |
| NTAP | NASDAQ | NetApp Inc | 25.14B | 123.67 | 1.30 | 23.20 | 0.02 |
| CLMB | NASDAQ | Climb Global Solutions Inc | 0.60B | 129.86 | -3.30 | 35.96 | 0.01 |
| MLAB | NASDAQ | Mesa Laboratories Inc | 0.72B | 131.70 | 0.46 | 625.35 | 0.00 |
| ESE | NYSE | ESCO Technologies Inc | 3.43B | 132.83 | 0.18 | 33.52 | 0.00 |
| NOVT | NASDAQ | Novanta Inc | 5.33B | 148.31 | -0.91 | 89.67 | 0.00 |
| OLED | NASDAQ | Universal Display Corp | 7.34B | 154.68 | 2.09 | 30.26 | 0.01 |
| TEL | NYSE | TE Connectivity Ltd | 46.29B | 155.09 | 4.58 | 24.44 | 0.02 |
| NSIT | NASDAQ | Insight Enterprises Inc | 5.01B | 157.88 | 0.24 | 21.86 | 0.00 |
| PLXS | NASDAQ | Plexus Corp | 4.53B | 167.36 | 1.47 | 35.38 | 0.00 |
| OSIS | NASDAQ | OSI Systems Inc | 2.81B | 168.00 | 2.94 | 25.69 | 0.00 |
| JBL | NYSE | Jabil Inc | 18.57B | 170.12 | 0.68 | 16.38 | 0.00 |
| KEYS | NYSE | Keysight Technologies Inc | 29.89B | 172.60 | -0.07 | 49.25 | 0.00 |
| GRMN | NYSE | Garmin Ltd | 41.14B | 214.23 | -0.63 | 27.22 | 0.01 |
| AAPL | NASDAQ | Apple Inc | 3.51T | 233.50 | -0.39 | 36.64 | 0.00 |
| FN | NYSE | Fabrinet | 8.52B | 234.81 | 3.25 | 30.62 | 0.00 |
| LFUS | NASDAQ | Littelfuse Inc | 5.98B | 241.09 | -3.30 | 30.21 | 0.01 |
| UI | NYSE | Ubiquiti Inc | 21.21B | 350.82 | -1.74 | 66.66 | 0.01 |
| ZBRA | NASDAQ | Zebra Technologies Corp | 20.64B | 400.25 | 1.49 | 56.33 | 0.00 |
| MSI | NYSE | Motorola Solutions Inc | 76.28B | 456.45 | -1.17 | 52.48 | 0.01 |
| TDY | NYSE | Teledyne Technologies Inc | 22.13B | 474.81 | 0.58 | 29.89 | 0.00 |
The hardware industry is an ever-evolving sector that encompasses companies that design, manufacture, and sell hardware products. These products can range from computer systems and components to smartphones, appliances, and more. Investing in hardware industry stocks can be a great way to diversify your investment portfolio and potentially see significant gains in the long run.
1. Industry Trends: Stay informed about the latest trends in the hardware industry to identify potential investment opportunities.
2. Company Performance: Research the financial health and performance of the companies you are interested in investing in.
3. Market Conditions: Consider how market conditions may impact the hardware industry and the stocks of companies within it.
4. Competition: Evaluate the competition within the hardware industry and how it may affect the companies you are considering investing in.
1. Potential for Growth: The hardware industry is constantly evolving, which can create opportunities for companies to expand and grow.
2. Diversification: Investing in hardware industry stocks can help diversify your investment portfolio and reduce risk.
3. Innovation: Hardware companies are often at the forefront of technological innovation, which can lead to significant returns for investors.
4. High Demand: With the increasing reliance on technology in our everyday lives, there is a constant demand for hardware products.
Investing in hardware industry stocks can be a lucrative venture for those willing to do their research and stay informed about industry trends. By carefully evaluating companies and market conditions, investors can potentially see significant returns on their investments. Keep in mind the key considerations mentioned above before diving into the world of hardware industry stocks.
Q: What are some well-known companies in the hardware industry?
A: Some well-known companies in the hardware industry include Apple, Intel, Samsung, and HP.
Q: How can I stay informed about industry trends in the hardware sector?
A: You can stay informed by reading news articles, following industry publications, and subscribing to newsletters and updates from hardware companies.
Q: Is investing in hardware industry stocks risky?
A: Like any investment, there are risks associated with investing in hardware industry stocks. It is important to do your research and assess the potential risks before making any investment decisions.