TD Synnex Corp Q2: Multiple Growth Tailwinds Ahead
SNXTD SYNNEX (SNX) Seeking Alpha·2024-06-29 03:03

gorodenkoff/iStock via Getty Images Investment overview I give a buy rating for TD Synnex Corp. (NYSE:SNX) as I expect the business to see growth tailwinds on multiple fronts: a recovery in PC demand, increased demand for AI PCs, and growing complexity in IT requirements due to AI adoption. While the stock fell by >10% post-earnings 2 days ago, I believe it was mainly due to missing expectations and that investors are taking profits. My view is that the demand outlook remains healthy, and SNX should continu ...