Stock of TD SYNNEX (SNX)
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TD SYNNEX (SNX) Is Attractively Priced Despite Fast-paced Momentum
ZACKSยท 2025-10-09 13:50
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: TD SYNNEX (SNX) Stock Analysis - TD SYNNEX (SNX) has shown a price increase of 6.1% over the past four weeks, indicating growing investor interest [3] - Over the past 12 weeks, SNX gained 14%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - SNX has a beta of 1.43, suggesting it moves 43% more than the market in either direction, indicating fast-paced momentum [4] - SNX has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [6] - SNX is trading at a Price-to-Sales ratio of 0.21, indicating it is reasonably valued at 21 cents for each dollar of sales [6] Group 3: Additional Investment Opportunities - Besides SNX, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in identifying potential winning stocks [8]