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Shares of Avnet Inc Rank the Highest in Terms of EBITDA Growth 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 subscribers consider buying shares of Arrow Electronic on October 16th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $75.73. Since that recommendation, shares of Arrow Electronic have risen 8.7%. We continue to monitor Arrow Electronic 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