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ARW - Arrow Electronics: Inventory Situation Has Eased Significantly
Arrow Electronics Inc.
2024-02-15 02:09:26 ET
Summary
I give a buy rating due to ARW showing signs of recovery, its declining inventory, and its improved growth outlook.
The company sells electronic products and parts globally, with a focus on industrial, healthcare, consumer electronics, aerospace, auto, and data center markets.
Despite challenges, Arrow Electronics has shown signs of improvement, with revenue growth, gross margin improvement, and a focus on returning capital to shareholders.