Sifting through countless of stocks in the Electronic Equipment, Instruments & Components industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Arrow Electronics, Inc. or Nova Ltd. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Arrow Electronics, Inc. and Nova Ltd. compare based on key financial metrics to determine which better meets your investment needs.

About Arrow Electronics, Inc. and Nova Ltd.

Arrow Electronics, Inc. sources and engineers technology for manufacturers, service providers, and users of enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes electronic components, including semiconductor products and related services; interconnect, passive, and electromechanical products comprising capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. Its Global Enterprise Computing Solutions segment offers computing solutions, such as datacenter, cloud, security, and analytics solutions, as well as engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training services. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.

Nova Ltd. engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally. The company’s product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, such as lithography, Etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. It serves various sectors of the integrated circuit manufacturing industry, including logic, foundry, memory, and packaging sectors, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.

Latest Electronic Equipment, Instruments & Components and Arrow Electronics, Inc., Nova Ltd. Stock News

As of September 2, 2026, Arrow Electronics, Inc. had a $10.6 billion market capitalization, compared to the Electronic Equipment, Instruments & Components median of $1.1 million. Arrow Electronics, Inc.’s stock is up 86.4% in 2026, down 1.7% in the previous five trading days and up 68.42% in the past year.

Currently, Arrow Electronics, Inc.’s price-earnings ratio is 13.3. Arrow Electronics, Inc.’s trailing 12-month revenue is $35.9 billion with a 2.3% net profit margin. Year-over-year quarterly sales growth most recently was 31.8%. Analysts expect adjusted earnings to reach $21.635 per share for the current fiscal year. Arrow Electronics, Inc. does not currently pay a dividend.

As of September 2, 2026, Nova Ltd. had a $11.1 billion market cap, putting it in the 79th percentile of all stocks. Nova Ltd.’s stock is up 5.3% in 2026, down 6.8% in the previous five trading days and up 47.41% in the past year.

Currently, Nova Ltd.’s price-earnings ratio is 43.9. Nova Ltd.’s trailing 12-month revenue is $880.6 million with a 28.8% net profit margin. Year-over-year quarterly sales growth most recently was 57.0%. Analysts expect adjusted earnings to reach $10.673 per share for the current fiscal year. Nova Ltd. does not currently pay a dividend.

How We Compare Arrow Electronics, Inc. and Nova Ltd. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Arrow Electronics, Inc. and Nova Ltd.’s stock grades to see how they measure up against one another.

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Arrow Electronics, Inc. and Nova Ltd. Growth Grades

Company	Ticker	Growth
Arrow Electronics, Inc.	ARW	D
Nova Ltd.	NVMI	C

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Arrow Electronics, Inc. has a Growth Score of 30, which is Weak. Nova Ltd. has a Growth Score of 59, which is Average.

The Growth Stock Winner: No Clear Winner

Neither Arrow Electronics, Inc. or Nova Ltd. has a high enough Growth Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Arrow Electronics, Inc. or Nova Ltd. is the better investment when it comes to sustainable growth.

Arrow Electronics, Inc. and Nova Ltd.’s Quality Grades

Company	Ticker	Quality
Arrow Electronics, Inc.	ARW	C
Nova Ltd.	NVMI	C

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Arrow Electronics, Inc. has a Quality Score of 46, which is Average. Nova Ltd. has a Quality Score of 52, which is Average.

The Quality Stock Winner: No Clear Winner

Neither Arrow Electronics, Inc. or Nova Ltd. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Arrow Electronics, Inc. or Nova Ltd. is the better investment when it comes to quality.

Arrow Electronics, Inc. and Nova Ltd.’s Momentum Grades

Company	Ticker	Momentum
Arrow Electronics, Inc.	ARW	B
Nova Ltd.	NVMI	C

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Arrow Electronics, Inc. has a Momentum Score of 77, which is Strong. Nova Ltd. has a Momentum Score of 54, which is Average.

The Momentum Grade Winner: Arrow Electronics, Inc.

As you can clearly see from the Momentum Grade breakdown above, Arrow Electronics, Inc. is considered to have stronger momentum compared to Nova Ltd.. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, Arrow Electronics, Inc. could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Arrow Electronics, Inc. and Nova Ltd. Grades

In addition to Quality, Growth and Momentum, A+ Investor also provides grades for Value and Estimate Revisions.

Earnings estimate revisions scores take into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Arrow Electronics, Inc. and Nova Ltd. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Arrow Electronics, Inc. or Nova Ltd. Stock?

Overall, Arrow Electronics, Inc. stock has a Growth Score of 30, Momentum Score of 77 and Quality Score of 46.

Nova Ltd. stock has a Growth Score of 59, Momentum Score of 54 and Quality Score of 52.

Comparing Arrow Electronics, Inc. and Nova Ltd.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.