UBS recommends buying Dell and TD SYNNEX, avoiding IBM and Pure Storage in 2025

From Investing.com: 2025-01-07 04:26:28

UBS names Dell and TD SYNNEX as top picks for 2025, with Dell expected to see 10% revenue growth in ISG and 15% rise in free cash flow. TD SYNNEX forecasted to have 5% billings growth and 10% EPS growth, driven by strong AI infrastructure business.

IBM and Pure Storage are advised against, with limited upside due to minimal exposure to AI revenue. IBM’s second-half weighted earnings profile and risk of Q1 EPS miss make it an unfavorable pick. Pure Storage faces share loss in all-flash and soft demand for subscriptions, posing growth challenges for 2025.



Read more at Investing.com: Buy Dell and TD SYNNEX shares in 2025, avoid IBM, Pure Storage: UBS By Investing.com