TD SYNNEX (SNX) is a Top-Ranked Momentum Stock: Should You Buy?

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 Analysis - 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 B, and its shares have increased by 2.9% over the past four weeks [12] - In the last 60 days, five analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate rising by $0.29 to $12.11 per share [12] - TD SYNNEX has an average earnings surprise of +3% [12] Recommendation - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, TD SYNNEX should be considered for investors' short lists [13]