2024-03-31 03:43:48 ET
Summary
- TD Synnex shares show signs of growth potential despite recent sales declines.
- The company operates in long-term growth markets and has a diversified customer base.
- TD Synnex's valuation is attractive, and opportunities may arise as headwinds subside and selling pressure decreases.
Shares of TD SYNNEX ( SNX ) have recently seen some sign of life as growth might soon return, following weakness in some end markets. Reported sales declines are overblown and more due to accounting changes, as the negative headlines might put pressure on the business, which in reality performs better than it looks....
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TD Synnex: Tech Distributor Still Has To Distribute To Shareholders