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Highest EBITDA Growth in the Technology Distributors Industry Detected in Shares of Avnet Inc (AVT, SCSC, TECD, AXE, ARW)

By David Diaz

Below are the three companies in the Technology Distributors industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.

Avnet Inc ranks highest with a EBITDA growth of 104.8%. Scansource Inc is next with a EBITDA growth of 40.7%. Tech Data Corp ranks third highest with a EBITDA growth of 40.0%.

Anixter Intl Inc follows with a EBITDA growth of 27.2%, and Arrow Electronic rounds out the top five with a EBITDA growth of 22.5%.

SmarTrend recommended that subscribers consider buying shares of Tech Data Corp on November 2nd, 2018 as our technology indicated a new Uptrend was in progress when shares hit $75.17. Since that recommendation, shares of Tech Data Corp have risen 18.9%. We continue to monitor Tech Data Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest ebitda growth avnet inc scansource inc tech data corp anixter intl inc arrow electronic