Synchronoss Rallies 44% Year to Date: Buy, Hold or Sell the Stock?
Synchronoss Technologies(SNCR) ZACKS·2024-11-19 01:00
Synchronoss Technologies (SNCR) shares have surged 44.2% in the year-to-date (YTD) period compared with the Zacks Internet - Software industry’s return of 25.2% and the broader Zacks Computer & Technology sector’s appreciation of 25.8%.SNCR has outperformed its peers, such as Alphabet (GOOGL) and Dropbox (DBX) , which also offer personal cloud services integrated with its respective platforms.Alphabet has returned 23.5% YTD, whereas Dropbox has lost 8.2% over the same time frame. The outperformance can be ...