The Latest Breaking News from SNX

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…

With the escalating spending on digital transformation and the increasing demand for tech products and services, the tech sector appears poised for consistent expansion. Amid this backdrop, it could be wise to invest in quality tech stocks TD SYNNEX (SNX), AvePoint (AVPT), and Benchmark Electronics (BHE), which are poised for…

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.