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 |
|---|---|---|---|---|---|---|---|
| CAN | NASDAQ | Canaan Inc | 0.28B | 0.61 | -5.75 | 2.06 | 0.00 |
| GPRO | NASDAQ | GoPro Inc | 0.12B | 0.73 | -4.19 | 11.45 | 0.00 |
| MVIS | NASDAQ | Microvision Inc | 0.27B | 1.09 | -2.26 | 0.00 | 0.00 |
| ONDS | NASDAQ | Ondas Holdings Inc | 0.27B | 1.48 | -2.64 | 0.00 | 0.00 |
| KOPN | NASDAQ | Kopin Corp | 0.24B | 1.53 | -1.29 | 153.85 | 0.00 |
| NNDM | NASDAQ | Nano Dimension Ltd | 0.35B | 1.62 | -1.22 | 0.00 | 0.00 |
| DDD | NYSE | 3D Systems Corp | 0.24B | 1.75 | -6.42 | 6.23 | 0.00 |
| CRNT | NASDAQ | Ceragon Networks Ltd | 0.21B | 2.41 | -1.03 | 9.73 | 0.00 |
| VUZI | NASDAQ | Vuzix Corp | 0.21B | 2.73 | -5.39 | 0.00 | 0.00 |
| LTRX | NASDAQ | Lantronix Inc | 0.11B | 2.87 | -4.66 | 11.71 | 0.00 |
| SATX | NYSE | SatixFy Communications Ltd | 0.25B | 2.89 | -0.35 | 0.00 | 0.00 |
| LPTH | NASDAQ | LightPath Technologies Inc | 0.13B | 3.08 | 1.65 | 121.96 | 0.00 |
| LPL | NYSE | LG Display Co, Ltd AMERICAN DEPOSITORY SHARES | 3.41B | 3.41 | -0.59 | 22.88 | 0.00 |
| DM | NYSE | Desktop Metal Inc | 0.16B | 4.84 | 6.85 | 0.00 | 0.00 |
| NOK | NYSE | Nokia Corporation Sponsored American Depositary Shares | 27.27B | 5.06 | -1.37 | 20.27 | 0.03 |
| KVHI | NASDAQ | KVH Industries Inc | 0.10B | 5.33 | 1.34 | 270.54 | 0.00 |
| KULR | NYSE | KULR Technology Group Inc | 0.21B | 5.47 | -16.37 | 0.00 | 0.00 |
| RCAT | NASDAQ | Red Cat Holdings Inc | 0.62B | 6.29 | 5.72 | 1.33 | 0.00 |
| OST | NASDAQ | Ostin Technology Group Co Ltd | 0.71B | 6.61 | -4.21 | 0.00 | 0.00 |
| INFN | NASDAQ | Infinera Corp | 1.58B | 6.62 | 0.08 | 0.00 | 0.00 |
| CRCT | NASDAQ | Cricut Inc | 1.42B | 6.72 | -0.15 | 23.26 | 0.03 |
| GILT | NASDAQ | Gilat Satellite Networks Ltd | 0.41B | 7.14 | 0.71 | 29.54 | 0.00 |
| INSG | NASDAQ | Inseego Corp | 0.11B | 7.42 | 1.23 | 30.40 | 0.00 |
| VOXX | NASDAQ | VOXX International Corp | 0.15B | 7.50 | 0.00 | 0.00 | 0.00 |
| GAUZ | NASDAQ | Gauzy Ltd | 0.18B | 7.82 | -3.82 | 0.00 | 0.00 |
| ADTN | NASDAQ | Adtran Holdings Inc | 0.65B | 8.13 | -0.74 | 60.98 | 0.00 |
| COMM | NASDAQ | CommScope Holding Co Inc | 1.77B | 8.19 | 5.68 | 0.00 | 0.00 |
| ERIC | NASDAQ | Ericsson - American Depositary Shares each representing 1 underlying Class B share | 28.27B | 8.48 | 0.48 | 168.81 | 0.03 |
| HLIT | NASDAQ | Harmonic Inc | 1.01B | 8.89 | 0.12 | 21.81 | 0.00 |
| RELL | NASDAQ | Richardson Electronics Ltd | 0.13B | 9.03 | -0.66 | 243.90 | 0.02 |
| MEI | NYSE | Methode Electronics Inc | 0.33B | 9.12 | 2.59 | 12.35 | 0.06 |
| CRSR | NASDAQ | Corsair Gaming Inc | 1.00B | 9.46 | -0.74 | 0.00 | 0.00 |
| AUDC | NASDAQ | AudioCodes Ltd. - Ordinary Shares | 0.28B | 9.58 | -1.14 | 17.18 | 0.04 |
| VIAV | NASDAQ | Viavi Solutions Inc | 2.25B | 10.07 | 0.70 | 508.25 | 0.00 |
| SSYS | NASDAQ | Stratasys Ltd | 0.85B | 10.16 | -1.65 | 0.00 | 0.00 |
| SONO | NASDAQ | Sonos Inc | 1.23B | 10.26 | -2.10 | 55.91 | 0.00 |
| VSAT | NASDAQ | Viasat Inc | 1.42B | 10.92 | -0.55 | 262.36 | 0.00 |
| RGTI | NASDAQ | Rigetti Computing Inc | 3.58B | 11.09 | -3.57 | 0.00 | 0.00 |
| DAKT | NASDAQ | Daktronics Inc | 0.71B | 14.45 | -4.94 | 14.86 | 0.00 |
| QBTS | NYSE | D-Wave Quantum Inc | 5.00B | 15.99 | -3.30 | 0.00 | 0.00 |
| LYTS | NASDAQ | LSI Industries Inc | 0.49B | 16.26 | -0.43 | 24.46 | 0.01 |
| BKSY | NYSE | BlackSky Technology Inc | 0.54B | 17.35 | 5.32 | 0.00 | 0.00 |
| KN | NYSE | Knowles Corp | 1.53B | 17.59 | 0.40 | 65.67 | 0.00 |
| EXTR | NASDAQ | Extreme Networks Inc | 2.36B | 17.71 | 2.97 | 19.31 | 0.00 |
| SATS | NASDAQ | EchoStar Corp | 5.25B | 18.27 | 12.77 | 18.27 | 0.00 |
| HPE | NYSE | Hewlett Packard Enterprise Co | 24.22B | 18.46 | -0.19 | 19.69 | 0.03 |
| QUBT | NASDAQ | Quantum Computing Inc | 2.89B | 18.64 | -2.77 | 0.00 | 0.00 |
| NEON | NASDAQ | Neonode Inc | 0.32B | 19.04 | 2.10 | 0.00 | 0.00 |
| FEIM | NASDAQ | Frequency Electronics Inc | 0.21B | 21.23 | -4.97 | 8.61 | 0.00 |
| OUST | NYSE | Ouster Inc | 1.26B | 23.48 | 9.06 | 0.00 | 0.00 |
| AAOI | NASDAQ | Applied Optoelectronics Inc | 1.32B | 23.53 | 4.26 | 0.00 | 0.00 |
| AVNW | NASDAQ | Aviat Networks Inc | 0.29B | 24.61 | -0.87 | 9.57 | 0.00 |
| HPQ | NYSE | HP Inc | 23.23B | 24.73 | 0.80 | 9.81 | 0.04 |
| TSAT | NASDAQ | Telesat Corporation - Class A Common Shares and Class B Variable Voting Shares | 0.37B | 24.96 | 9.00 | 6.75 | 0.00 |
| SONY | NYSE | Sony Group Corporation American Depositary Shares | 158.27B | 26.32 | 1.57 | 19.59 | 0.01 |
| VPG | NYSE | Vishay Precision Group Inc | 0.36B | 26.79 | 3.28 | 127.22 | 0.00 |
| TTMI | NASDAQ | TTM Technologies Inc | 2.86B | 28.12 | -3.17 | 54.16 | 0.00 |
| ST | NYSE | Sensata Technologies Holding PLC | 4.25B | 29.02 | 1.40 | 38.37 | 0.02 |
| CGNX | NASDAQ | Cognex Corp | 4.97B | 29.61 | -0.02 | 46.45 | 0.01 |
| NTGR | NASDAQ | Netgear Inc | 0.87B | 30.37 | 0.37 | 34.63 | 0.00 |
| DGII | NASDAQ | Digi International Inc | 1.28B | 34.45 | -1.07 | 31.16 | 0.00 |
| ALNT | NASDAQ | Allient Inc | 0.59B | 34.90 | 0.84 | 63.29 | 0.00 |
| VNT | NYSE | Vontier Corp | 5.35B | 36.17 | 1.01 | 15.24 | 0.00 |
| JNPR | NYSE | Juniper Networks Inc | 12.31B | 36.82 | -0.22 | 38.05 | 0.02 |
| IONQ | NYSE | IonQ Inc | 9.97B | 38.11 | -6.73 | 0.00 | 0.00 |
| BHE | NYSE | Benchmark Electronics Inc | 1.38B | 38.26 | 0.61 | 26.92 | 0.02 |
| CLFD | NASDAQ | Clearfield Inc | 0.53B | 38.37 | 0.66 | 35.84 | 0.00 |
| ITRN | NASDAQ | Ituran Location and Control Ltd | 0.77B | 38.93 | 0.35 | 14.02 | 0.05 |
| MPTI | NYSE | M-Tron Industries Inc | 0.12B | 41.24 | 6.40 | 14.97 | 0.00 |
| SCSC | NASDAQ | ScanSource Inc | 0.94B | 42.76 | 0.81 | 15.26 | 0.00 |
| CTS | NYSE | CTS Corp | 1.31B | 43.62 | 0.51 | 21.99 | 0.00 |
| FARO | NASDAQ | Faro Technologies Inc | 0.84B | 43.72 | -0.14 | 491.35 | 0.00 |
| BKTI | NYSE | BK Technologies Corp | 0.16B | 43.90 | 2.09 | 17.88 | 0.00 |
| VICR | NASDAQ | Vicor Corp | 2.05B | 45.39 | 3.56 | 85.55 | 0.00 |
| FLEX | NASDAQ | Flex Ltd | 17.89B | 47.88 | 3.29 | 22.98 | 0.00 |
| SMCI | NASDAQ | Super Micro Computer Inc | 29.09B | 48.74 | 3.27 | 25.65 | 0.00 |
| GLW | NYSE | Corning Inc | 44.04B | 51.42 | -0.74 | 101.13 | 0.02 |
| AVT | NASDAQ | Avnet Inc | 4.39B | 52.33 | 1.18 | 15.15 | 0.02 |
| ASTS | NASDAQ | AST SpaceMobile Inc | 13.25B | 53.22 | 6.02 | 0.00 | 0.00 |
| PSTG | NYSE | Pure Storage Inc | 18.11B | 55.40 | -0.40 | 145.32 | 0.00 |
| ROG | NYSE | Rogers Corp | 1.18B | 63.48 | 9.28 | 79.00 | 0.00 |
| WDC | NASDAQ | Western Digital Corp | 22.18B | 63.57 | 1.63 | 21.86 | 0.00 |
| CNXN | NASDAQ | PC Connection Inc | 1.68B | 66.04 | 0.35 | 20.18 | 0.01 |
| CSCO | NASDAQ | Cisco Systems Inc | 274.07B | 69.21 | 0.81 | 28.20 | 0.02 |
| FTV | NYSE | Fortive Corp | 24.83B | 73.06 | 1.82 | 23.32 | 0.01 |
| CIEN | NYSE | Ciena Corp | 10.38B | 73.43 | 1.68 | 109.74 | 0.00 |
| TRMB | NASDAQ | Trimble Inc | 17.31B | 77.86 | 1.84 | 12.70 | 0.00 |
| COHR | NYSE | Coherent Corp | 12.53B | 80.64 | -0.69 | 39.05 | 0.00 |
| LOGI | NASDAQ | Logitech International S.A. - Registered Shares | 13.00B | 87.90 | 2.30 | 22.02 | 0.02 |
| BELFA | NASDAQ | Bel Fuse Inc. - Class A Common Stock | 1.12B | 88.40 | 4.51 | 27.23 | 0.00 |
| LITE | NASDAQ | Lumentum Holdings Inc | 6.60B | 95.10 | 0.37 | 24.10 | 0.00 |
| SANM | NASDAQ | Sanmina Corp | 5.08B | 95.11 | 1.56 | 23.44 | 0.00 |
| ANET | NYSE | Arista Networks Inc | 120.61B | 96.03 | 1.16 | 41.73 | 0.00 |
| BELFB | NASDAQ | Bel Fuse Inc | 1.24B | 98.27 | 2.88 | 29.25 | 0.00 |
| MKSI | NASDAQ | MKS Instruments Inc | 6.72B | 100.21 | -0.06 | 29.98 | 0.01 |
| MLAB | NASDAQ | Mesa Laboratories Inc | 0.55B | 100.55 | -0.38 | 450.38 | 0.01 |
| CLMB | NASDAQ | Climb Global Solutions Inc | 0.49B | 106.37 | -0.51 | 25.07 | 0.01 |
| NTAP | NASDAQ | NetApp Inc | 21.52B | 107.42 | 0.69 | 18.82 | 0.02 |
| DELL | NYSE | Dell Technologies Inc | 75.91B | 111.82 | -0.79 | 19.08 | 0.02 |
| BDC | NYSE | Belden Inc | 4.57B | 115.80 | -0.53 | 22.80 | 0.00 |
| CLS | NYSE | Celestica, Inc. Common Stock | 13.36B | 116.16 | 0.68 | 41.59 | 0.00 |
| ITRI | NASDAQ | Itron Inc | 5.34B | 117.15 | 1.35 | 24.20 | 0.00 |
| ARW | NYSE | Arrow Electronics Inc | 6.53B | 125.96 | 1.84 | 17.85 | 0.00 |
| NOVT | NASDAQ | Novanta Inc | 4.73B | 131.47 | 1.97 | 67.09 | 0.00 |
| NSIT | NASDAQ | Insight Enterprises Inc | 4.20B | 131.66 | 0.27 | 28.19 | 0.00 |
| PLXS | NASDAQ | Plexus Corp | 3.67B | 135.38 | 0.31 | 26.61 | 0.00 |
| STX | NASDAQ | Seagate Technology Holdings PLC | 28.93B | 136.31 | 2.43 | 20.87 | 0.02 |
| SNX | NYSE | TD Synnex Corp | 11.21B | 136.88 | 7.28 | 15.90 | 0.01 |
| OLED | NASDAQ | Universal Display Corp | 7.42B | 156.05 | 0.24 | 32.58 | 0.01 |
| KEYS | NYSE | Keysight Technologies Inc | 28.14B | 163.50 | -0.52 | 38.61 | 0.00 |
| TEL | NYSE | TE Connectivity Ltd | 49.23B | 166.00 | 0.16 | 37.02 | 0.02 |
| ESE | NYSE | ESCO Technologies Inc | 4.74B | 183.56 | 1.07 | 42.35 | 0.00 |
| AAPL | NASDAQ | Apple Inc | 3.01T | 201.56 | 0.63 | 32.37 | 0.00 |
| LFUS | NASDAQ | Littelfuse Inc | 5.03B | 203.48 | -0.78 | 60.59 | 0.01 |
| GRMN | NYSE | Garmin Ltd | 40.65B | 211.13 | 1.16 | 27.82 | 0.01 |
| OSIS | NASDAQ | OSI Systems Inc | 3.63B | 215.95 | 0.47 | 27.55 | 0.00 |
| FN | NYSE | Fabrinet | 8.22B | 229.55 | 2.67 | 32.23 | 0.00 |
| ZBRA | NASDAQ | Zebra Technologies Corp | 14.36B | 282.37 | -2.08 | 29.85 | 0.00 |
| UI | NYSE | Ubiquiti Inc | 23.70B | 391.86 | -1.46 | 45.05 | 0.01 |
| MSI | NYSE | Motorola Solutions Inc | 69.94B | 419.00 | 0.16 | 35.50 | 0.01 |
| TDY | NYSE | Teledyne Technologies Inc | 22.99B | 490.65 | 0.42 | 29.27 | 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.