TD SYNNEX Corporation (SNX): David Einhorn Is Buying This Stock

We just covered 15 Under-the-Radar Picks from David Einhorn That Are Quietly Dominating 2026 and TD SYNNEX Corporation (NYSE:SNX) ranks 15th on this list.

TD SYNNEX Corporation (NYSE:SNX) first appeared in the 13F portfolio of Greenlight Capital in the third quarter of 2020. Back then, this position comprised just under 550,000 shares. Thereafter, the fund started trimming the stake, reducing it by 63%, 26%, and 27% in the coming quarters before selling it off completely. A new position in the stock was then opened in the fourth quarter of 2024. This comprised 53,000 shares. Filings for the fourth quarter of 2025 show that the fund owned more than 56,000 shares in the firm, up 44% compared to filings for the third quarter of 2025. TD SYNNEX operates as a distributor and solutions aggregator for the information technology ecosystem in the United States, Europe, and internationally.

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TD SYNNEX Corporation (NYSE:SNX) is attracting interest from elite investors due to Hyve Solutions, the data center infrastructure arm of the firm. In Q1 2026, Hyve’s volume grew by a staggering 95% year-over-year, reaching $3.8 billion. Operating income for the unit rose 66%. Hyve provides hyperscale services and AI-enabled servers. Hedge funds view this as a pure-play way to capture AI spending without the extreme volatility of chipmakers. The company reported Q1 non-GAAP EPS of $4.73, crushing the estimate of $3.32 by 42%. Revenue hit $17.2 billion, exceeding forecasts by $1.6 billion. Gross margins expanded by 43 basis points to 7.3%, proving that the company can maintain pricing power even while scaling rapidly.

While we acknowledge the risk and potential of SNX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SNX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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