Why These 15 Data Center Stocks Are Skyrocketing So Far In 2025

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9. TD Synnex Corp (NYSE:SNX)

Number of Hedge Fund Holders In Q4 2024: 33

TD Synnex Corp (NYSE:SNX) is an IT distributor that includes cloud solutions.

The stock is up significantly so far in 2025 as it beat Q4 2024 earnings estimates. Revenue jumped 10% year-over-year to $15.8 billion, exceeding company guidance of $14.9-$15.7 billion.

Furthermore, non-GAAP earnings per share reached $3.09. This surpassed analyst expectations of $2.84. It also returned $750 million to shareholders in fiscal 2024 through $612 million in share repurchases and $138 million in dividends and announced a 10% dividend increase to $0.44 per share.

Asia Pacific and Japan saw 31.7% revenue growth.

The consensus price target of $144.38 implies 0.01% upside.

SNX stock is up 22.86% year-to-date.

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