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

By Shiri Gupta

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 its subscribers protect gains by selling shares of Avnet Inc on September 26th, 2018 by issuing a Downtrend alert when the shares were trading at $45.73. Since that call, shares of Avnet Inc have fallen 11.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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