10 Overlooked Tech Stocks to Buy Now

4. TD SYNNEX Corporation (NYSE:SNX)

P/E Ratio: 9.31

Hedge Fund Holders: 33

TD SYNNEX Corporation (NYSE:SNX), a key distributor and solutions aggregator for the IT ecosystem, is strengthening its position as a critical link between technology vendors and global clients. With a portfolio that includes endpoint devices, data center technologies, cloud, cybersecurity, artificial intelligence, and hybrid solutions, TD SYNNEX assists organizations in over 100 countries in meeting increasingly complex IT demands.

TD SYNNEX Corporation (NYSE:SNX) reported remarkable performance in the first quarter of fiscal 2025, ending February 28, 2025. Gross billings rose 7.5% year-over-year to $20.7 billion, while net revenue increased 4% to $14.5 billion. Advanced Solutions climbed 7%, while Endpoint Solutions increased 8%, demonstrating broad-based success. Non-GAAP EPS was $2.80, well within the company’s expectations. Although problems in its Hive business resulted in a minor drag on profits, management is hopeful that Hive will return to normal later this year. TD SYNNEX Corporation (NYSE:SNX) also confirmed mid-single-digit gross billings growth in fiscal 2025 and plans to achieve $1.1 billion in free cash flow.

Strategic moves continue to broaden TD SYNNEX’s capabilities. On April 22, 2025, the company announced a partnership with Trifork, which will add cutting-edge AI, spatial computing, and scalable software solutions to the company’s portfolio. This alliance will speed up digital transformation for customers in critical areas such as healthcare, finance, and energy. TD SYNNEX Corporation (NYSE:SNX) was also named NVIDIA’s 2025 Distributor of the Year for the Americas for the second year in a row, reinforcing its leadership in delivering AI-powered solutions through initiatives such as Destination AI and advanced platforms built on NVIDIA’s Blackwell architecture.

With its end-to-end strategy, broad technology reach, and expanding network of high-growth vendors, TD SYNNEX Corporation (NYSE:SNX) is an overlooked tech stock poised to benefit from the continuous convergence of AI, cloud, and cybersecurity trends in the global IT landscape.