2024-04-04 03:33:27 ET
Summary
- TD Synnex Corp. is recommended as a buy rating, with positive growth expected in FY24 and a strong year predicted for FY25.
- SNX is a global provider of technology products and has a major presence in the Americas and Europe.
- The company's 1FQ24 earnings were soft, but there are positive signs of a recovery cycle ahead, driven by increased demand for PCs and related technologies.
Investment summary
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TD Synnex: Growth Cycle Potentially Coming In The Near Term