TD Synnex: $2 Billion Buyback Program, Cloud Market, And Cheap
SNXTD SYNNEX (SNX) Seeking Alpha·2024-08-04 22:34
J Studios TD Synnex Corporation (NYSE:SNX) is expected to make strategic investment in growing sectors like the global hybrid cloud market and artificial intelligence, which could accelerate future net sales growth. The company is at the same time implementing very ambitious cost optimization efforts that may also lead to FCF growth in the future. Also taking into account the recent approval of a new $2.0 billion share repurchase program, SNX may draw significant attention of the investment community. L ...