SYNNEX Corp. (SNX) was a big mover last session, as the company saw its shares rise over 23% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $58.70 to $63.39 in the past one-month time frame.
The company has seen no estimate revision and the Zacks Consensus Estimate has not been in a trend either. Friday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
SYNNEX currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the business services sector include CBIZ, Inc. (CBZ), US Ecology, Inc. (ECOL) and ICF International Inc. (ICFI). All of these sport a Zacks Rank #1 (Strong Buy).
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