That is a very good possibility and I would certainly suspect it to be the problem. Also, remove the distributor cap and look at the connector to the ignition module from the pick-up coil/stator and it should be white like it is shown in the image here of the pick-up coil/stator, and if it is dark in color or burnt looking then also replace the pick-up coil/stator or the distributor.
Pick-up Coil/Stator
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