Bullish Case: SNX's technological focus, particularly in AI with NVIDIA, could drive growth amidst an IT demand recovery, boosting earnings and share performance.


Bearish Case: Increased market volatility, lower than expected earnings, and mean reverting price action may lead to investor caution and negative price adjustments.


Potential Outcomes:

1. Growth from AI expansion (45% chance).

2. Volatility spikes detriment performance (35% chance).

3. Market reacts positively following earnings (20% chance).


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April 18, 2024


TD Synnex Forecast

SNX        TD Synnex
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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