Company Overview - TD SYNNEX is a leading global IT distributor and solutions aggregator, providing a comprehensive range of technology distribution, logistics, and integration services [11] - The company was rebranded from SYNNEX Corporation to TD SYNNEX in September 2021 following its merger with Tech Data Corporation, which significantly expanded its global reach and vendor partnerships [11] Investment Ratings - TD SYNNEX currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B [12] - The company has a Momentum Style Score of A, and its shares have increased by 13.6% over the past four weeks [12] Earnings Estimates - For fiscal 2025, two analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.18 to $12.01 per share [12] - TD SYNNEX boasts an average earnings surprise of +3% [12] Investment Potential - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, TD SYNNEX is recommended to be on investors' short list [13]
Why TD SYNNEX (SNX) is a Top Momentum Stock for the Long-Term