NYSE:SNX Stock Quote
Synnex Corp is a prominent provider of technology solutions, offering a wide range of services that support the IT channel, including distribution of IT products and services, and integration for a variety of technology manufacturers
The company specializes in the wholesale distribution of various technology-related products, including computers, peripherals, and software, while also delivering logistics, subscription, and cloud services to its customers. By partnering with manufacturers and resellers, Synnex facilitates a collaborative ecosystem that helps businesses efficiently meet their technology needs and enhance their operational capabilities in a rapidly evolving digital landscape.
Frequently Asked Questions
How can investors buy shares of TD SYNNEX?
Investors can buy shares of TD SYNNEX Corporation on the New York Stock Exchange (NYSE) under the ticker symbol SNX. Investors typically purchase shares through a brokerage account, which allows them to trade publicly listed stocks and manage their investments.
How did the merger between Tech Data and SYNNEX impact TD SYNNEX?
The merger between Tech Data and SYNNEX in 2021 significantly expanded TD SYNNEX's scale, market reach, and service offerings. It created a more robust portfolio of solutions for partners, allowing the company to better serve a diverse set of customer needs while increasing efficiencies in operations and distribution.
How does TD SYNNEX address sustainability?
TD SYNNEX is committed to sustainability by incorporating eco-friendly practices into their operations and solutions. The company engages in responsible sourcing, promotes recycling initiatives, and offers products that help customers reduce their environmental impact, aligning with global sustainability goals.
How does TD SYNNEX contribute to the IT community?
TD SYNNEX contributes to the IT community by providing innovative solutions and services that help businesses optimize their technology investments. They support partners with training initiatives, marketing resources, and extensive product knowledge, which empower resellers and service providers to deliver exceptional value to their customers.
How does TD SYNNEX leverage technology in its operations?
TD SYNNEX leverages advanced technology to streamline its operations, enhance supply chain efficiency, and improve customer experiences. The use of data analytics, automation tools, and cloud-based solutions allows the company to optimize inventory management, logistics, and partner engagement.
What are TD SYNNEX's core values?
TD SYNNEX operates on core values that include integrity, accountability, collaboration, and innovation. These values guide the company’s operations and interactions, fostering a culture that emphasizes ethical business practices and a commitment to customer success.
What does TD SYNNEX Corporation do?
TD SYNNEX Corporation is a leading global distributor and solutions aggregator for the IT ecosystem, specializing in providing technology products, services, and solutions to businesses. The company partners with a broad network of manufacturers, resellers, and service providers to deliver a diverse portfolio of technology offerings, including hardware, software, and cloud-based solutions.
What financial performance indicators are key for TD SYNNEX?
Key financial performance indicators for TD SYNNEX include revenue growth, gross margin, operating income, and earnings per share (EPS). Investors closely monitor these metrics to evaluate the company's profitability and overall financial health, which reflect its ability to generate returns for shareholders.
What industries does TD SYNNEX serve?
TD SYNNEX serves a wide range of industries including healthcare, education, government, and various commercial sectors. Their solutions cater to diverse markets such as cloud computing, cybersecurity, and digital transformation, helping businesses modernize their IT infrastructure and operational processes.
What initiatives does TD SYNNEX have for employee development?
TD SYNNEX invests in employee development through ongoing training programs, leadership development opportunities, and career advancement paths. The company fosters a culture of continuous learning, encouraging employees to enhance their skills and knowledge in the rapidly evolving technology sector.
What is TD SYNNEX's business model?
TD SYNNEX operates on a wholesale distribution business model, sourcing products from manufacturers and distributing them through a vast network of resellers and solution providers. This model allows TD SYNNEX to provide value-added services such as financing, training, and marketing support to its partners.
What is TD SYNNEX's strategy for growth?
TD SYNNEX's growth strategy focuses on expanding its product offerings, enhancing its service capabilities, and strengthening partnerships within the IT sector. The company aims to leverage emerging technologies and market trends to drive innovation, providing partners with the tools they need to succeed in a competitive landscape.
What is the company's approach to customer service?
TD SYNNEX prioritizes exceptional customer service by providing robust support through dedicated account managers, technical support, and training programs. Their focus on building strong relationships with partners helps ensure that customers receive tailored solutions that meet their unique needs.
What recent acquisitions has TD SYNNEX made?
Since its formation, TD SYNNEX has pursued strategic acquisitions to enhance its capabilities and service offerings. Notable acquisitions include those that expand their cloud solutions portfolio and enhance their logistics and distribution capabilities, allowing them to better serve the evolving needs of their partners and customers.
What technological partnerships does TD SYNNEX have?
TD SYNNEX has established partnerships with leading technology manufacturers such as Microsoft, Cisco, Dell, HP, and Adobe. These strategic alliances enable TD SYNNEX to offer an extensive range of high-quality products and solutions, ensuring that partners have access to cutting-edge technology.
What trends is TD SYNNEX focusing on in the technology sector?
TD SYNNEX is focusing on several key trends in the technology sector, including cloud computing, cybersecurity, artificial intelligence, and digital transformation. By aligning its strategies with these trends, the company aims to provide its partners with the latest solutions and innovations to stay competitive in the marketplace.
When was TD SYNNEX Corporation founded?
TD SYNNEX Corporation was formed in 2021 through the merger of Tech Data and SYNNEX Corporation. Both organizations have a rich history in IT distribution, with Tech Data founded in 1974 and SYNNEX established in 1970, showcasing decades of experience in the technology industry.
Where is TD SYNNEX headquartered?
TD SYNNEX is headquartered in Clearwater, Florida. This location was chosen strategically to support its global operations and to be closer to its diverse client base and partners within the technology ecosystem.
Who are TD SYNNEX's main competitors?
TD SYNNEX faces competition from other major IT distributors such as Ingram Micro, Arrow Electronics, and Avnet. Each of these companies offers similar technology products and distribution services, making the IT distribution landscape highly competitive and dynamic.
Why is cloud computing important to TD SYNNEX?
Cloud computing is crucial to TD SYNNEX as it represents a significant growth opportunity in the IT landscape. The company provides cloud services and solutions that enable their partners and customers to migrate, manage, and optimize their cloud environments, which is essential for digital transformation and operational efficiency.
What is the current price of TD SYNNEX Corporation Common Stock?
The current price of TD SYNNEX Corporation Common Stock is 105.89
When was TD SYNNEX Corporation Common Stock last traded?
The last trade of TD SYNNEX Corporation Common Stock was at 2:53 pm EDT on April 2nd, 2025
What is the market capitalization of TD SYNNEX Corporation Common Stock?
The market capitalization of TD SYNNEX Corporation Common Stock is 10.21B
How many shares of TD SYNNEX Corporation Common Stock are outstanding?
TD SYNNEX Corporation Common Stock has 96.39M shares outstanding.