Synnex 

TD Synnex is a top beneficiary of the $809 billion server market!

Morgan Stanley upgrades from $271 to $341 (Overweight)
With a PS ratio of 0.4 and a PE ratio of 17.3, there is an attractive valuation
Andreas Zehetner
A. Zehetner
Reading Time: 2 minutes

TD Synnex (SNX) is one of my top favorites on the breakout watchlist. The company is a leading IT distributor and serves as an important interface between 2,500 technology manufacturers and 150,000 distribution partners, with over 200,000 products. According to UBS analysts, the results for the second quarter could surprise in pre-market trading on June 23. Recent channel checks and statements from OEMs suggest this. Particularly noteworthy is the strong growth in the server business, with triple-digit order increases at HPE and 92% revenue growth...

Read this article now with a free account.

Your benefits:

  • Every month, you can read 5 articles from the premium section for free.
  • Monthly 2 trial issues of the Trader newspaper for free.
  • Create a personal watchlist with an overview of news about your stock.
Trader Times
Free account
Here we go!
Image 1Image 2Image 3

Already registered? Log In