Does TD SYNNEX (SNX) have what it takes to be a top stock pick for momentum investors? Let's find out.
TD SYNNEX (SNX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Investors with an interest in Computers - IT Services stocks have likely encountered both TD SYNNEX (SNX) and Hexagon AB Unsponsored ADR (HXGBY). But which of these two stocks presents investors with the better value opportunity right now?
TD SYNNEX (SNX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
TD Synnex remains a buy as Hyve scales rapidly, now driving 27% of EBIT and broadening its customer base. Q1 2026 delivered 18% revenue growth, 24% Hyve revenue growth, and 60 bps EBIT margin expansion, with all segments contributing. Hyve's onboarding of three new US hyperscaler customers reduces concentration risk and sets up further growth into FY27.
SNX crushes fiscal Q1 estimates with 69% EPS surge and double-digit revenue growth, fueled by strong Endpoint and Advanced Solutions performance.
TD SYNNEX (SNX) came out with quarterly earnings of $4.73 per share, beating the Zacks Consensus Estimate of $3.26 per share. This compares to earnings of $2.8 per share a year ago.
TD SYNNEX Corporation (SNX) Q1 2026 Earnings Call Transcript
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Evaluate the expected performance of TD SYNNEX (SNX) for the quarter ended February 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
TD SYNNEX (SNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.