Top 10 Stock Picks of 10 Famous Billionaires

8. Synnex (NYSE:SNX)

Number of Hedge Funds: 50

Top Pick Of: Glenn Greenberg — Chieftain Capital

Synnex (NYSE:SNX) is a top stock pick of billionaire Glenn Greenberg’s Brave Warrior Advisors. Greenberg is famously known for Chieftain Capital.

TD SYNNEX is a global IT distribution company that sits between major technology manufacturers and thousands of resellers, system integrators, and enterprise customers, buying hardware and software in bulk and redistributing it across the IT ecosystem.

Synnex (NYSE:SNX) is up about 70% so far this year, but analysts still see room for upside as its core business benefits from steady enterprise IT spending. Its main distribution segment is seeing strong demand across infrastructure, security, networking, software, and PCs. A shortage in memory components like DRAM and NAND has pushed prices higher, lifting average selling prices and supporting margins.

In Q1, revenue rose 18% year over year while non-GAAP EPS jumped 69% to $4.73, reflecting both stronger volumes and better pricing.

A key long-term growth driver is its Hyve segment, which focuses on hyperscale AI infrastructure. Hyve builds and delivers large-scale, rack-level and system-level data center solutions for hyperscale cloud customers, essentially supporting the physical infrastructure behind AI compute expansion. This segment is growing rapidly, with gross billings up 95% year over year and operating income up 66%, driven by strong demand from AI-focused cloud providers.

FPA Queens Road Small Cap Value Fund stated the following regarding TD SYNNEX Corporation (NYSE:SNX) in its Q1 2026 investor letter:

“TD SYNNEX Corporation (NYSE:SNX) is the largest IT distributor globally. The company has done a good job diversifying away from its historical position in hardware (PCs, peripherals, servers, networking equipment, etc.) and into software, security and services. TD Synnex is modestly levered and uses its cash flow to repurchase shares and pay dividends. The company reported blow-out earnings on Mar 31, which caused the stock price to jump.10 We think that TD Synnex is exceptionally well run, has scale and scope advantages against smaller competitors and that profits will continue to grow with IT spending at a GDP+ rate. SNX trades at roughly 11x forward earnings and continues to be a top 5 holding for the Fund.”