5 Best Electronic Components Stocks to Buy Now

4. Rogers Corporation (NYSE:ROG)

Number of Hedge Fund Holders: 31

Rogers Corporation (NYSE:ROG) offers advanced electronics and materials solutions. A total of 31 hedge funds tracked by Insider Monkey had stakes in Rogers Corporation (NYSE:ROG). The biggest stakeholder of Rogers Corporation (NYSE:ROG) was Jeffrey Smith’s Starboard Value LP which owns a $168 million stake in the company.

Rogers Corporation (NYSE:ROG) in April posted its first quarter results.

Adjusted EPS in the period came in at $0.87, surpassing estimates by $0.15. Revenue in the quarter fell 1.8% year over year to $243.8 million, beating estimates by $8.8 million. In the second quarter Rogers Corporation (NYSE:ROG) sees its net sales to come in the range of $235 million to $245 million.