Gaming, RFID & PC Refresh: Why These 4 Peripheral Stocks Are Heating Up

The computer peripheral equipment market is experiencing a significant transformation, with companies like Logitech (LOGI), LG Display (LPL), Identiv (INVE), and TransAct Technologies (TACT) capitalizing on multiple growth drivers. From gaming accessories to IoT solutions, these players are well-positioned across various sectors where computers are used in professional and consumer settings.

Market Expansion on Multiple Fronts

The global computer peripherals equipment market is projected to reach $183.53 billion by 2029 from $162.9 billion in 2025, representing a steady 3% CAGR. This growth is fueled by several converging trends: the explosive rise of e-sports and professional gaming culture, accelerating adoption of RFID technology for supply chain automation, and the widespread deployment of 3D printing solutions across medical, aerospace and automotive industries.

The growing shipment of personal computers, coupled with the Windows 11 upgrade cycle and increasing corporate demand for AI-enabled devices, is providing additional momentum. Price-sensitive regions like Asia Pacific and Middle East & Africa are driving deeper market penetration through cost-effective, quality offerings.

The Stock Opportunities

Identiv specializes in RFID and IoT platforms, dominating the RFID-enabled IoT space. The company’s intellectual property strength and recent design agreement wins position it well for sustained growth. Zacks projects a narrower 70-cent loss per share in 2026 versus 90 cents from 60 days ago. This Zacks Rank #2 (Buy) stock has declined 7.8% over the past year.

TransAct Technologies manufactures transaction-based printers under the BOHA, AccuDate, and Epic brands. Benefiting from accelerated digital transformation across point-of-sale, gaming, lottery, and financial services sectors, the company is seeing strong demand recovery. The 2026 loss estimate stands at 5 cents per share, improved from 7 cents 60 days ago. The stock has fallen 8.5% annually.

Logitech continues its recovery momentum with six consecutive quarters of year-over-year sales growth following the post-pandemic slump. Strong hybrid work trends, cloud-based video conferencing demand, and partnerships with Zoom and Microsoft remain key drivers. Fiscal 2026 earnings estimate has been revised upward 11.3% to $5.61 per share. Shares have soared 24.5% over the past year, though the company holds a Zacks Rank #3 (Hold).

LG Display is benefiting from healthy demand for LCD panels as PC vendors report eight consecutive quarters of rising shipments. The ongoing PC refresh cycle and robust smartphone sales are driving strong panel demand. The 2026 earnings estimate of 27 cents per share reflects a 3-cent upward revision from 60 days ago. The stock has surged 36.6% annually.

Industry Outlook & Valuation Reality

The Computer-Peripheral Equipment industry ranks #32 in the Zacks system, placing it in the top 13% of all industries. Over the trailing 12 months, the sector gained 25.2%, outpacing the S&P 500’s 20.1% but lagging the broader Computer and Technology sector’s 27.9%.

Current valuation metrics show the industry trading at 0.87X forward P/S, significantly discounted compared to the S&P 500 at 5.31X and the tech sector at 6.64X. This represents attractive entry points relative to five-year ranges where the industry peaked at 4.81X.

Headwinds Worth Monitoring

Macroeconomic pressures remain a concern. Rising interest rates, persistent inflation, and new tariff policies on imports could increase costs for suppliers and end-users. Enterprise IT spending delays amid geopolitical uncertainties may also impact near-term momentum. Additionally, aggressive R&D and sales investments by competitors are pressuring margins industry-wide.

Despite these challenges, the convergence of gaming adoption, IoT automation, and PC refresh cycles suggests sustained tailwinds for players positioned across these high-growth segments in places where computers are used globally.