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 |
|---|---|---|---|---|---|---|---|
| GPRO | NASDAQ | GoPro Inc | 0.12B | 0.73 | -4.19 | 11.45 | 0.00 |
| CAN | NASDAQ | Canaan Inc | 0.37B | 0.75 | -0.20 | 2.06 | 0.00 |
| MVIS | NASDAQ | Microvision Inc | 0.33B | 1.09 | 0.00 | 0.00 | 0.00 |
| NNDM | NASDAQ | Nano Dimension Ltd | 0.29B | 1.33 | -0.38 | 0.00 | 0.00 |
| CRNT | NASDAQ | Ceragon Networks Ltd | 0.17B | 1.88 | 0.00 | 13.40 | 0.00 |
| KOPN | NASDAQ | Kopin Corp | 0.31B | 1.93 | 0.48 | 0.00 | 0.00 |
| DDD | NYSE | 3D Systems Corp | 0.25B | 1.97 | -5.75 | 6.23 | 0.00 |
| VUZI | NASDAQ | Vuzix Corp | 0.16B | 2.12 | 11.00 | 0.00 | 0.00 |
| SATX | NYSE | SatixFy Communications Ltd | 0.25B | 2.89 | -0.35 | 0.00 | 0.00 |
| LTRX | NASDAQ | Lantronix Inc | 0.12B | 2.96 | -1.01 | 15.46 | 0.00 |
| LPTH | NASDAQ | LightPath Technologies Inc | 0.15B | 3.58 | -1.38 | 121.96 | 0.00 |
| LPL | NYSE | LG Display Co, Ltd AMERICAN DEPOSITORY SHARES | 4.29B | 4.29 | 0.00 | 6.39 | 0.00 |
| NOK | NYSE | Nokia Corporation Sponsored American Depositary Shares | 23.35B | 4.34 | 0.58 | 23.25 | 0.04 |
| KULR | NYSE | KULR Technology Group Inc | 0.19B | 4.74 | -0.42 | 0.00 | 0.00 |
| DM | NYSE | Desktop Metal Inc | 0.16B | 4.84 | 6.85 | 0.00 | 0.00 |
| ONDS | NASDAQ | Ondas Holdings Inc | 1.48B | 5.40 | 8.60 | 0.00 | 0.00 |
| KVHI | NASDAQ | KVH Industries Inc | 0.11B | 5.59 | 5.88 | 270.54 | 0.00 |
| OSS | NASDAQ | One Stop Systems Inc | 0.12B | 5.65 | 0.18 | 59.27 | 0.00 |
| CRCT | NASDAQ | Cricut Inc | 1.23B | 5.77 | 1.14 | 17.03 | 0.03 |
| INFN | NASDAQ | Infinera Corp | 1.58B | 6.62 | 0.08 | 0.00 | 0.00 |
| GILT | NASDAQ | Gilat Satellite Networks Ltd | 0.41B | 7.14 | 0.71 | 24.55 | 0.00 |
| ERIC | NASDAQ | Ericsson - American Depositary Shares each representing 1 underlying Class B share | 24.93B | 7.48 | -0.47 | 14.63 | 0.03 |
| VOXX | NASDAQ | VOXX International Corp | 0.15B | 7.50 | 0.00 | 0.00 | 0.00 |
| MEI | NYSE | Methode Electronics Inc | 0.27B | 7.64 | 1.74 | 14.66 | 0.06 |
| INSG | NASDAQ | Inseego Corp | 0.13B | 8.68 | 0.00 | 68.49 | 0.00 |
| ADTN | NASDAQ | Adtran Holdings Inc | 0.70B | 8.70 | 3.45 | 66.67 | 0.00 |
| CRSR | NASDAQ | Corsair Gaming Inc | 0.94B | 8.86 | -0.57 | 0.00 | 0.00 |
| AUDC | NASDAQ | AudioCodes Ltd. - Ordinary Shares | 0.26B | 9.07 | -4.03 | 20.48 | 0.04 |
| RCAT | NASDAQ | Red Cat Holdings Inc | 0.93B | 9.33 | -1.59 | 1.33 | 0.00 |
| HLIT | NASDAQ | Harmonic Inc | 1.07B | 9.38 | 2.02 | 16.08 | 0.00 |
| RELL | NASDAQ | Richardson Electronics Ltd | 0.14B | 9.96 | 3.51 | 1,147.88 | 0.02 |
| SSYS | NASDAQ | Stratasys Ltd | 0.91B | 10.68 | -1.66 | 0.00 | 0.00 |
| VIAV | NASDAQ | Viavi Solutions Inc | 2.44B | 10.93 | -0.05 | 74.27 | 0.00 |
| SONO | NASDAQ | Sonos Inc | 1.61B | 13.31 | -2.35 | 55.91 | 0.00 |
| RGTI | NASDAQ | Rigetti Computing Inc | 4.78B | 14.76 | -2.64 | 0.00 | 0.00 |
| COMM | NASDAQ | CommScope Holding Co Inc | 3.33B | 15.05 | -1.25 | 59.74 | 0.00 |
| QBTS | NYSE | D-Wave Quantum Inc | 5.74B | 15.58 | 2.27 | 0.00 | 0.00 |
| DAKT | NASDAQ | Daktronics Inc | 0.79B | 16.09 | -1.59 | 153.78 | 0.00 |
| BKSY | NYSE | BlackSky Technology Inc | 0.64B | 18.05 | 2.94 | 0.00 | 0.00 |
| QUBT | NASDAQ | Quantum Computing Inc | 2.98B | 18.64 | -2.77 | 0.00 | 0.00 |
| LYTS | NASDAQ | LSI Industries Inc | 0.61B | 20.17 | 4.49 | 28.62 | 0.01 |
| TSAT | NASDAQ | Telesat Corporation - Class A Common Shares and Class B Variable Voting Shares | 0.30B | 20.59 | -1.77 | 7.91 | 0.00 |
| EXTR | NASDAQ | Extreme Networks Inc | 2.80B | 21.17 | 2.32 | 21.98 | 0.00 |
| HPE | NYSE | Hewlett Packard Enterprise Co | 28.00B | 21.34 | -1.05 | 21.86 | 0.02 |
| KN | NYSE | Knowles Corp | 1.84B | 21.45 | 0.47 | 71.97 | 0.00 |
| AVNW | NASDAQ | Aviat Networks Inc | 0.29B | 22.85 | 1.42 | 8.85 | 0.00 |
| NEON | NASDAQ | Neonode Inc | 0.39B | 23.18 | -1.56 | 0.00 | 0.00 |
| NTGR | NASDAQ | Netgear Inc | 0.73B | 25.00 | 0.04 | 12.44 | 0.00 |
| SONY | NYSE | Sony Group Corporation American Depositary Shares | 153.30B | 25.58 | -0.51 | 20.96 | 0.00 |
| AAOI | NASDAQ | Applied Optoelectronics Inc | 1.61B | 25.81 | 6.02 | 0.00 | 0.00 |
| HPQ | NYSE | HP Inc | 25.30B | 26.94 | -0.76 | 10.43 | 0.04 |
| SATS | NASDAQ | EchoStar Corp | 7.77B | 26.99 | 0.98 | 18.27 | 0.00 |
| VPG | NYSE | Vishay Precision Group Inc | 0.36B | 27.07 | 0.12 | 48.52 | 0.00 |
| FEIM | NASDAQ | Frequency Electronics Inc | 0.27B | 27.40 | -1.19 | 13.19 | 0.00 |
| VSAT | NASDAQ | Viasat Inc | 3.74B | 27.82 | 30.68 | 262.36 | 0.00 |
| OUST | NYSE | Ouster Inc | 1.73B | 29.99 | -2.16 | 0.00 | 0.00 |
| ST | NYSE | Sensata Technologies Holding PLC | 4.82B | 33.09 | 0.03 | 44.69 | 0.01 |
| CLFD | NASDAQ | Clearfield Inc | 0.46B | 33.57 | 2.67 | 3,273.00 | 0.00 |
| DGII | NASDAQ | Digi International Inc | 1.27B | 34.12 | 0.22 | 30.06 | 0.00 |
| IONQ | NYSE | IonQ Inc | 10.92B | 36.79 | -0.03 | 0.00 | 0.00 |
| JNPR | NYSE | Juniper Networks Inc | 12.31B | 36.82 | -0.22 | 0.00 | 0.00 |
| ITRN | NASDAQ | Ituran Location and Control Ltd | 0.77B | 38.93 | 0.35 | 13.03 | 0.05 |
| BHE | NYSE | Benchmark Electronics Inc | 1.40B | 39.11 | -1.24 | 39.59 | 0.02 |
| VNT | NYSE | Vontier Corp | 5.92B | 40.37 | -0.45 | 16.53 | 0.00 |
| TTMI | NASDAQ | TTM Technologies Inc | 4.21B | 40.78 | 1.80 | 50.00 | 0.00 |
| MPTI | NYSE | M-Tron Industries Inc | 0.12B | 41.56 | -0.96 | 17.44 | 0.00 |
| CTS | NYSE | CTS Corp | 1.28B | 43.50 | -0.10 | 20.20 | 0.00 |
| FARO | NASDAQ | Faro Technologies Inc | 0.85B | 43.92 | -0.05 | 0.00 | 0.00 |
| SCSC | NASDAQ | ScanSource Inc | 0.97B | 44.13 | 1.63 | 14.90 | 0.00 |
| CGNX | NASDAQ | Cognex Corp | 7.42B | 44.19 | -1.28 | 61.46 | 0.01 |
| ALNT | NASDAQ | Allient Inc | 0.78B | 46.23 | 7.22 | 55.60 | 0.00 |
| FTV | NYSE | Fortive Corp | 16.05B | 47.45 | -0.30 | 21.88 | 0.01 |
| SMCI | NASDAQ | Super Micro Computer Inc | 29.09B | 48.74 | 3.27 | 26.64 | 0.00 |
| ASTS | NASDAQ | AST SpaceMobile Inc | 13.57B | 50.43 | 0.84 | 0.00 | 0.00 |
| VICR | NASDAQ | Vicor Corp | 2.31B | 51.51 | 1.60 | 35.15 | 0.00 |
| FLEX | NASDAQ | Flex Ltd | 20.09B | 53.72 | 1.40 | 23.67 | 0.00 |
| AVT | NASDAQ | Avnet Inc | 4.57B | 54.79 | -0.57 | 20.00 | 0.02 |
| PSTG | NYSE | Pure Storage Inc | 19.32B | 59.10 | 1.32 | 160.16 | 0.00 |
| CNXN | NASDAQ | PC Connection Inc | 1.60B | 62.83 | -1.86 | 19.64 | 0.01 |
| BKTI | NYSE | BK Technologies Corp | 0.24B | 64.39 | -4.81 | 22.73 | 0.00 |
| GLW | NYSE | Corning Inc | 57.74B | 67.40 | 0.93 | 71.54 | 0.02 |
| MLAB | NASDAQ | Mesa Laboratories Inc | 0.38B | 68.87 | -1.91 | 436.61 | 0.01 |
| CSCO | NASDAQ | Cisco Systems Inc | 276.80B | 69.90 | 1.00 | 26.22 | 0.02 |
| WDC | NASDAQ | Western Digital Corp | 26.35B | 75.94 | -0.18 | 18.13 | 0.00 |
| ROG | NYSE | Rogers Corp | 1.43B | 78.99 | -0.49 | 49.90 | 0.00 |
| CIEN | NYSE | Ciena Corp | 11.50B | 81.38 | 2.34 | 127.04 | 0.00 |
| TRMB | NASDAQ | Trimble Inc | 19.95B | 83.84 | 0.27 | 70.24 | 0.00 |
| BELFB | NASDAQ | Bel Fuse Inc | 1.24B | 98.27 | 2.88 | 35.82 | 0.00 |
| LOGI | NASDAQ | Logitech International S.A. - Registered Shares | 15.09B | 102.46 | 0.78 | 24.60 | 0.01 |
| MKSI | NASDAQ | MKS Instruments Inc | 7.08B | 105.43 | 0.18 | 26.75 | 0.01 |
| NTAP | NASDAQ | NetApp Inc | 21.49B | 107.42 | 0.69 | 19.78 | 0.02 |
| LITE | NASDAQ | Lumentum Holdings Inc | 7.77B | 111.13 | 1.02 | 340.11 | 0.00 |
| BELFA | NASDAQ | Bel Fuse Inc. - Class A Common Stock | 1.44B | 114.02 | 4.51 | 30.18 | 0.00 |
| CLMB | NASDAQ | Climb Global Solutions Inc | 0.53B | 114.97 | 1.30 | 25.88 | 0.01 |
| COHR | NYSE | Coherent Corp | 17.92B | 115.02 | 1.06 | 39.05 | 0.00 |
| SANM | NASDAQ | Sanmina Corp | 6.23B | 116.95 | 1.51 | 25.04 | 0.00 |
| BDC | NYSE | Belden Inc | 4.74B | 119.71 | 0.69 | 24.16 | 0.00 |
| ARW | NYSE | Arrow Electronics Inc | 6.23B | 120.89 | 2.00 | 14.44 | 0.00 |
| ITRI | NASDAQ | Itron Inc | 5.64B | 123.41 | -1.03 | 21.18 | 0.00 |
| DELL | NYSE | Dell Technologies Inc | 84.16B | 124.43 | 0.77 | 20.77 | 0.01 |
| ANET | NYSE | Arista Networks Inc | 165.24B | 131.47 | -0.99 | 52.26 | 0.00 |
| NOVT | NASDAQ | Novanta Inc | 4.73B | 131.47 | 1.97 | 69.60 | 0.00 |
| NSIT | NASDAQ | Insight Enterprises Inc | 4.15B | 131.86 | -0.05 | 30.87 | 0.00 |
| PLXS | NASDAQ | Plexus Corp | 3.59B | 133.06 | 3.55 | 23.61 | 0.00 |
| OLED | NASDAQ | Universal Display Corp | 6.67B | 140.29 | -0.33 | 27.55 | 0.01 |
| SNX | NYSE | TD Synnex Corp | 12.19B | 147.83 | -0.55 | 17.46 | 0.01 |
| KEYS | NYSE | Keysight Technologies Inc | 28.09B | 163.50 | -0.52 | 52.39 | 0.00 |
| STX | NASDAQ | Seagate Technology Holdings PLC | 35.14B | 165.24 | 0.76 | 24.70 | 0.02 |
| ESE | NYSE | ESCO Technologies Inc | 4.92B | 190.55 | 0.03 | 46.82 | 0.00 |
| CLS | NYSE | Celestica, Inc. Common Stock | 23.15B | 201.21 | 1.30 | 44.03 | 0.00 |
| TEL | NYSE | TE Connectivity Ltd | 51.50B | 207.63 | 0.03 | 42.71 | 0.01 |
| GRMN | NYSE | Garmin Ltd | 40.64B | 211.13 | 1.16 | 29.08 | 0.01 |
| OSIS | NASDAQ | OSI Systems Inc | 3.79B | 225.19 | -1.54 | 26.45 | 0.00 |
| AAPL | NASDAQ | Apple Inc | 3.35T | 226.01 | -1.98 | 34.98 | 0.00 |
| LFUS | NASDAQ | Littelfuse Inc | 6.13B | 247.40 | -0.72 | 61.03 | 0.01 |
| FN | NYSE | Fabrinet | 9.90B | 277.04 | -1.18 | 36.24 | 0.00 |
| ZBRA | NASDAQ | Zebra Technologies Corp | 15.69B | 308.51 | 1.24 | 30.35 | 0.00 |
| MSI | NYSE | Motorola Solutions Inc | 76.99B | 462.13 | 0.38 | 37.36 | 0.01 |
| UI | NYSE | Ubiquiti Inc | 31.72B | 524.31 | -2.03 | 44.58 | 0.00 |
| TDY | NYSE | Teledyne Technologies Inc | 25.71B | 548.28 | 1.16 | 29.86 | 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.