Name of opportunity: 👀
Synnex Corp
Strong Q4 results 💲
Synnex Corp is rising in price, going up 9.75% in the past day and 10.92% in the past week. Synnex is currently performing well financially, with strong revenue, cash flow, and book value per share.
Analysts are currently calling Synnex a ‘buy’ - meaning it might be a good addition to your financial portfolio.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Synnex Corp might increase from $134.01 to $140.00 in the next 12 months. If you invested $1000, you might profit $44.70.
One reason why Synnex is rising in price might be because of their fiscal year 2024 fourth-quarter results. Synnex have performed well, reaching a quarterly revenue of $15.85 billion, surpassing predictions. These stored results indicate financial success, and might indicate a promising potential for the company’s future. This attracts investors, leading to a price surge for the company’s stock.
Another reason why Synnex is rising might be because of its changes to its dividend payment. The board of directors for the company raised a quarterly cash dividend by 10%, which is payable at the end of the month on January 31. The cash dividend was raised to 0.44% per share.
IT services company 🧑💻
Synnex Corp is an American multinational company that provides IT services to businesses. The company merged with Tech Data to form TD Synnex and is headquartered in Fremont, California, United States.
Which neme?: 🔍
‘Top Gainers Today’, ‘Stocks On The Move’
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