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 | 0.52B | 0.76 | 4.64 | 2.41 | 0.00 |
| MVIS | NASDAQ | Microvision Inc | 0.24B | 0.78 | -4.41 | 0.00 | 0.00 |
| GPRO | NASDAQ | GoPro Inc | 0.16B | 1.02 | -3.78 | 11.45 | 0.00 |
| NNDM | NASDAQ | Nano Dimension Ltd | 0.38B | 1.82 | -6.67 | 0.00 | 0.00 |
| DDD | NYSE | 3D Systems Corp | 0.33B | 2.23 | -0.45 | 49.75 | 0.00 |
| CRNT | NASDAQ | Ceragon Networks Ltd | 0.21B | 2.31 | 0.00 | 112.00 | 0.00 |
| KOPN | NASDAQ | Kopin Corp | 0.42B | 2.40 | -11.12 | 0.00 | 0.00 |
| VUZI | NASDAQ | Vuzix Corp | 0.20B | 2.48 | -3.88 | 0.00 | 0.00 |
| SATX | NYSE | SatixFy Communications Ltd | 0.25B | 2.89 | -0.35 | 0.00 | 0.00 |
| KULR | NYSE | KULR Technology Group Inc | 0.17B | 3.66 | -3.43 | 0.00 | 0.00 |
| LPL | NYSE | LG Display Co, Ltd AMERICAN DEPOSITORY SHARES | 4.43B | 4.43 | -0.45 | 18.50 | 0.00 |
| OPTX | NASDAQ | Syntec Optics Holdings Inc | 0.17B | 4.71 | -14.99 | 904.33 | 0.00 |
| CRCT | NASDAQ | Cricut Inc | 1.02B | 4.83 | -2.43 | 12.08 | 0.04 |
| DM | NYSE | Desktop Metal Inc | 0.16B | 4.84 | 6.85 | 0.00 | 0.00 |
| CRSR | NASDAQ | Corsair Gaming Inc | 0.54B | 5.04 | 2.65 | 104.61 | 0.00 |
| CPSH | NASDAQ | CPS Technologies Corp | 0.11B | 5.91 | 10.27 | 44.05 | 0.00 |
| CMTL | NASDAQ | Comtech Telecommunications Corp | 0.18B | 5.95 | 5.88 | 216.70 | 0.00 |
| LTRX | NASDAQ | Lantronix Inc | 0.25B | 6.28 | -12.78 | 30.58 | 0.00 |
| KVHI | NASDAQ | KVH Industries Inc | 0.12B | 6.32 | -1.56 | 270.54 | 0.00 |
| INFN | NASDAQ | Infinera Corp | 1.58B | 6.62 | 0.08 | 0.00 | 0.00 |
| NOK | NYSE | Nokia Corporation Sponsored American Depositary Shares | 37.79B | 6.77 | 4.16 | 52.78 | 0.02 |
| VOXX | NASDAQ | VOXX International Corp | 0.15B | 7.50 | 0.00 | 0.00 | 0.00 |
| MEI | NYSE | Methode Electronics Inc | 0.28B | 7.99 | 0.26 | 15.30 | 0.04 |
| OSS | NASDAQ | One Stop Systems Inc | 0.20B | 8.05 | -10.16 | 59.52 | 0.00 |
| AUDC | NASDAQ | AudioCodes Ltd. - Ordinary Shares | 0.24B | 8.21 | -1.56 | 24.06 | 0.05 |
| ADTN | NASDAQ | Adtran Holdings Inc | 0.75B | 9.36 | 6.25 | 21.37 | 0.00 |
| LPTH | NASDAQ | LightPath Technologies Inc | 0.50B | 9.40 | -13.69 | 166.66 | 0.00 |
| HLIT | NASDAQ | Harmonic Inc | 1.11B | 9.86 | -1.80 | 22.90 | 0.00 |
| INSG | NASDAQ | Inseego Corp | 0.16B | 10.48 | -5.93 | 26.60 | 0.00 |
| QUBT | NASDAQ | Quantum Computing Inc | 2.42B | 10.79 | -5.85 | 0.00 | 0.00 |
| RELL | NASDAQ | Richardson Electronics Ltd | 0.16B | 10.84 | -7.43 | 216.80 | 0.02 |
| ERIC | NASDAQ | Ericsson - American Depositary Shares each representing 1 underlying Class B share | 36.83B | 11.05 | -0.54 | 11.47 | 0.03 |
| SSYS | NASDAQ | Stratasys Ltd | 0.98B | 11.50 | 3.33 | 0.00 | 0.00 |
| ONDS | NASDAQ | Ondas Holdings Inc | 5.20B | 12.26 | 9.86 | 0.00 | 0.00 |
| EXTR | NASDAQ | Extreme Networks Inc | 1.96B | 14.58 | 1.47 | 250.83 | 0.00 |
| SONO | NASDAQ | Sonos Inc | 1.79B | 14.83 | 3.35 | 55.91 | 0.00 |
| ZEPP | NYSE | Zepp Health Corporation American Depositary Shares | 0.25B | 17.25 | 2.93 | 15.23 | 0.00 |
| RCAT | NASDAQ | Red Cat Holdings Inc | 2.07B | 17.36 | 11.22 | 0.00 | 0.00 |
| GILT | NASDAQ | Gilat Satellite Networks Ltd | 1.37B | 18.20 | -6.29 | 46.24 | 0.00 |
| HPQ | NYSE | HP Inc | 17.49B | 19.05 | -1.66 | 7.23 | 0.06 |
| COMM | NASDAQ | CommScope Holding Co Inc | 4.24B | 19.16 | 3.57 | 0.00 | 0.00 |
| AVNW | NASDAQ | Aviat Networks Inc | 0.28B | 21.41 | 0.10 | 22.81 | 0.00 |
| HPE | NYSE | Hewlett Packard Enterprise Co | 28.97B | 21.71 | 0.51 | 9.71 | 0.02 |
| DAKT | NASDAQ | Daktronics Inc | 1.07B | 21.87 | 3.16 | 198.75 | 0.00 |
| SONY | NYSE | Sony Group Corporation American Depositary Shares | 130.78B | 21.93 | -0.86 | 16.03 | 0.01 |
| BKSY | NYSE | BlackSky Technology Inc | 0.80B | 22.13 | -10.48 | 0.00 | 0.00 |
| NTGR | NASDAQ | Netgear Inc | 0.64B | 22.68 | 1.34 | 94.34 | 0.00 |
| RGTI | NASDAQ | Rigetti Computing Inc | 7.81B | 23.67 | -5.29 | 0.00 | 0.00 |
| VIAV | NASDAQ | Viavi Solutions Inc | 5.67B | 24.50 | -5.34 | 31.55 | 0.00 |
| KN | NYSE | Knowles Corp | 2.13B | 24.97 | 3.00 | 61.85 | 0.00 |
| QBTS | NYSE | D-Wave Quantum Inc | 9.29B | 25.13 | 1.79 | 0.00 | 0.00 |
| OUST | NYSE | Ouster Inc | 1.52B | 25.25 | -7.31 | 0.00 | 0.00 |
| CLFD | NASDAQ | Clearfield Inc | 0.40B | 29.08 | -4.57 | 52.00 | 0.00 |
| TSAT | NASDAQ | Telesat Corporation - Class A Common Shares and Class B Variable Voting Shares | 0.44B | 29.90 | 5.29 | 8.58 | 0.00 |
| SMCI | NASDAQ | Super Micro Computer Inc | 18.51B | 33.92 | 9.96 | 22.52 | 0.00 |
| ST | NYSE | Sensata Technologies Holding PLC | 5.04B | 34.59 | -0.95 | 9.62 | 0.01 |
| JNPR | NYSE | Juniper Networks Inc | 12.31B | 36.82 | -0.22 | 0.00 | 0.00 |
| AAOI | NASDAQ | Applied Optoelectronics Inc | 2.60B | 38.13 | -4.44 | 0.00 | 0.00 |
| SCSC | NASDAQ | ScanSource Inc | 0.90B | 38.74 | 6.55 | 11.22 | 0.00 |
| CGNX | NASDAQ | Cognex Corp | 6.55B | 39.09 | 0.11 | 60.75 | 0.01 |
| VNT | NYSE | Vontier Corp | 5.79B | 39.91 | 2.94 | 14.80 | 0.00 |
| VPG | NYSE | Vishay Precision Group Inc | 0.55B | 41.55 | -0.29 | 86.73 | 0.00 |
| DGII | NASDAQ | Digi International Inc | 1.64B | 43.59 | 1.71 | 39.93 | 0.00 |
| FARO | NASDAQ | Faro Technologies Inc | 0.85B | 43.92 | -0.05 | 0.00 | 0.00 |
| VSAT | NASDAQ | Viasat Inc | 6.05B | 44.72 | 2.22 | 262.36 | 0.00 |
| ITRN | NASDAQ | Ituran Location and Control Ltd | 0.90B | 45.46 | 1.86 | 15.70 | 0.04 |
| IONQ | NYSE | IonQ Inc | 17.37B | 48.33 | -4.60 | 0.00 | 0.00 |
| CTS | NYSE | CTS Corp | 1.51B | 51.98 | 3.06 | 27.37 | 0.00 |
| FEIM | NASDAQ | Frequency Electronics Inc | 0.52B | 53.62 | 1.98 | 22.21 | 0.00 |
| BHE | NYSE | Benchmark Electronics Inc | 1.92B | 53.91 | 3.40 | 82.37 | 0.01 |
| CNXN | NASDAQ | PC Connection Inc | 1.46B | 57.88 | 0.77 | 20.10 | 0.01 |
| FTV | NYSE | Fortive Corp | 18.87B | 60.21 | 10.79 | 37.86 | 0.00 |
| MPTI | NYSE | M-Tron Industries Inc | 0.18B | 61.97 | -0.45 | 26.20 | 0.00 |
| ALNT | NASDAQ | Allient Inc | 1.05B | 62.11 | 0.69 | 55.46 | 0.00 |
| AVT | NASDAQ | Avnet Inc | 5.11B | 62.39 | -0.56 | 26.13 | 0.02 |
| FLEX | NASDAQ | Flex Ltd | 23.53B | 63.62 | -2.83 | 26.99 | 0.00 |
| TRMB | NASDAQ | Trimble Inc | 16.66B | 70.01 | -1.92 | 43.83 | 0.00 |
| PSTG | NYSE | Pure Storage Inc | 23.97B | 72.61 | -2.27 | 169.16 | 0.00 |
| CSCO | NASDAQ | Cisco Systems Inc | 293.68B | 74.33 | 0.87 | 31.80 | 0.02 |
| NSIT | NASDAQ | Insight Enterprises Inc | 2.62B | 84.73 | 0.85 | 16.94 | 0.00 |
| BKTI | NYSE | BK Technologies Corp | 0.32B | 85.20 | -2.51 | 22.73 | 0.00 |
| LOGI | NASDAQ | Logitech International S.A. - Registered Shares | 12.58B | 85.84 | -2.99 | 18.64 | 0.02 |
| MLAB | NASDAQ | Mesa Laboratories Inc | 0.48B | 86.43 | 4.30 | 141.15 | 0.01 |
| TTMI | NASDAQ | TTM Technologies Inc | 10.13B | 98.06 | -1.82 | 55.11 | 0.00 |
| ITRI | NASDAQ | Itron Inc | 4.52B | 100.69 | 1.72 | 17.87 | 0.00 |
| ROG | NYSE | Rogers Corp | 1.81B | 100.74 | 0.84 | 62.27 | 0.00 |
| NTAP | NASDAQ | NetApp Inc | 20.15B | 101.73 | 2.15 | 17.35 | 0.02 |
| ASTS | NASDAQ | AST SpaceMobile Inc | 29.66B | 106.69 | -4.07 | 0.00 | 0.00 |
| GLW | NYSE | Corning Inc | 94.63B | 110.37 | 6.90 | 61.63 | 0.01 |
| ARW | NYSE | Arrow Electronics Inc | 6.03B | 116.99 | 0.29 | 15.57 | 0.00 |
| DELL | NYSE | Dell Technologies Inc | 77.55B | 117.02 | -1.80 | 15.43 | 0.02 |
| OLED | NASDAQ | Universal Display Corp | 5.61B | 117.92 | 1.55 | 24.36 | 0.02 |
| CLMB | NASDAQ | Climb Global Solutions Inc | 0.55B | 118.70 | -1.45 | 25.53 | 0.01 |
| SATS | NASDAQ | EchoStar Corp | 34.38B | 119.43 | 2.48 | 4.83 | 0.00 |
| ANET | NYSE | Arista Networks Inc | 160.29B | 127.29 | -0.18 | 48.92 | 0.00 |
| BDC | NYSE | Belden Inc | 5.02B | 127.73 | 1.77 | 23.44 | 0.00 |
| NOVT | NASDAQ | Novanta Inc | 4.91B | 137.19 | -0.51 | 91.32 | 0.00 |
| VICR | NASDAQ | Vicor Corp | 7.04B | 157.67 | -8.08 | 81.45 | 0.00 |
| SNX | NYSE | TD Synnex Corp | 12.81B | 158.67 | -1.91 | 16.50 | 0.01 |
| SANM | NASDAQ | Sanmina Corp | 8.70B | 159.29 | 6.15 | 34.00 | 0.00 |
| BELFA | NASDAQ | Bel Fuse Inc. - Class A Common Stock | 2.43B | 192.16 | 0.80 | 38.56 | 0.00 |
| COHR | NYSE | Coherent Corp | 36.72B | 195.84 | -0.56 | 205.14 | 0.00 |
| PLXS | NASDAQ | Plexus Corp | 5.38B | 201.07 | 2.44 | 31.27 | 0.00 |
| ESE | NYSE | ESCO Technologies Inc | 5.53B | 213.54 | 0.90 | 53.10 | 0.00 |
| KEYS | NYSE | Keysight Technologies Inc | 37.59B | 219.14 | -3.54 | 44.13 | 0.00 |
| BELFB | NASDAQ | Bel Fuse Inc | 2.73B | 222.92 | 7.18 | 42.11 | 0.00 |
| TEL | NYSE | TE Connectivity Ltd | 66.10B | 225.26 | -2.40 | 30.07 | 0.01 |
| MKSI | NASDAQ | MKS Instruments Inc | 16.39B | 244.02 | 3.38 | 55.06 | 0.00 |
| ZBRA | NASDAQ | Zebra Technologies Corp | 12.52B | 247.09 | 1.69 | 24.30 | 0.00 |
| AAPL | NASDAQ | Apple Inc | 3.64T | 247.65 | 0.39 | 34.93 | 0.00 |
| OSIS | NASDAQ | OSI Systems Inc | 4.44B | 269.74 | -0.61 | 29.25 | 0.00 |
| CIEN | NYSE | Ciena Corp | 38.95B | 276.52 | 3.00 | 297.62 | 0.00 |
| WDC | NASDAQ | Western Digital Corp | 94.83B | 279.70 | 10.71 | 24.59 | 0.00 |
| CLS | NYSE | Celestica, Inc. Common Stock | 33.43B | 290.93 | -6.08 | 41.19 | 0.00 |
| LFUS | NASDAQ | Littelfuse Inc | 7.48B | 300.31 | -0.40 | 25.58 | 0.01 |
| LITE | NASDAQ | Lumentum Holdings Inc | 25.31B | 354.49 | -2.20 | 146.21 | 0.00 |
| MSI | NYSE | Motorola Solutions Inc | 65.78B | 394.95 | 0.99 | 33.48 | 0.01 |
| STX | NASDAQ | Seagate Technology Holdings PLC | 88.91B | 407.69 | -8.71 | 45.81 | 0.01 |
| FN | NYSE | Fabrinet | 17.17B | 479.23 | -1.87 | 42.44 | 0.00 |
| UI | NYSE | Ubiquiti Inc | 32.02B | 529.31 | -5.98 | 44.07 | 0.00 |
| TDY | NYSE | Teledyne Technologies Inc | 29.51B | 628.47 | -0.20 | 33.29 | 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.