The Latest Breaking News from SNX

As Q4 nears, undervalued tech stocks offer growth potential, especially in sectors like AI. Therefore, you might want to tap into this opportunity to invest in undervalued tech stocks like TD SYNNEX Corp (SNX), Jabil (JBL), and Dropbox (DBX) for long-term gains. Read on….

The tech industry thrives as global enterprises increasingly depend on tech services for automation, efficiency, and customer satisfaction, creating lucrative investment opportunities in today’s tech-driven world. Therefore, investors should consider strong tech stocks like Flex (FLEX), TD SYNNEX (SNX), and Dropbox (DBX) for their discounted valuations and high potential. Read…

Rapid adoption of emerging technologies and increased spending on digitization positions the tech industry for long-term growth. Amid this backdrop, it could be wise to buy NetApp (NTAP) and TD SYNNEX (SNX). However, it could be wise to avoid IonQ (IONQ), given its poor fundamentals and growth prospects. Read on.

The pervasive adoption of generative AI and rising demand for cloud computing services drive substantial growth in the tech industry. Given the increasing reliance on tech, it could be worth monitoring Teledyne Technologies (TDY), TD SYNNEX (SNX) and AstroNova (ALOT) for December opportunities. Read more.

Pulled from Benzinga Pro here's the list of the top crypto gainers and losers at the time of publication:

Wednesday marks the last chance for investors to receive the next dividend payout from TD Synnex (NYSE:SNX).

TD Synnex (NYSE:SNX) has outperformed the market over the past 15 years by 8.7% on an annualized basis producing an average annual return of 16.7%. Currently, TD Synnex has a market capitalization of $10.46 billion.

TD Synnex Corp (NYSE:SNX) reported first-quarter FY22 revenue growth of 213.2% year-over-year to $15.47 billion, beating the consensus of $15.31 billion. Revenue fell 0.9% Q/Q. Adjusted EPS of $3.03 beat the consensus of $2.73. The adjusted operating margin contracted by 37 bps to 2.79%. The trailing fiscal four quarters ROIC was 9.7% compared…

Growth in remote work and the ongoing digitalization of organizations should drive the IT services industry’s growth. Therefore, prominent players in this space, TD SYNNEX (SNX) and Teradata (TDC), should benefit. But which of these stocks is a better buy now? Read more to find out.