Published on 17 Nov 2021 on Zacks via Yahoo Finance

SNX or WIT: Which Is the Better Value Stock Right Now?

Investors with an interest in Business - Software Services stocks have likely encountered both Synnex (SNX) and Wipro Limited (WIT). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Synnex and Wipro Limited are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. Investors should feel comfortable knowing that SNX likely has seen a stronger improvement to its earnings outlook than WIT has recently. But this is only part of the picture for value investors.