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In its second-quarter 2026 investor letter, Harbor Mid Cap Value Fund highlighted TD SYNNEX Corporation (NYSE:SNX) as a top contributor. TD SYNNEX Corporation (NYSE:SNX) is a leading distributor and solutions aggregator for the information technology (IT) ecosystem. On September 04, 2026, TD SYNNEX Corporation (NYSE:SNX) closed at $262.64 per share. Over the past month, TD SYNNEX Corporation (NYSE:SNX) returned 3.51%, and its shares are up 74.64% over the past year. TD SYNNEX Corporation (NYSE:SNX) has a market capitalization of $21 billion.
Harbor Mid Cap Value Fund stated the following regarding TD SYNNEX Corporation (NYSE:SNX) in its Q2 2026 investor letter:
"The top contributors in the second quarter included three Information Technology holdings: TD SYNNEX Corporation (NYSE:SNX), Arrow Electronics, and Hewlett Packard Enterprise. TD Synnex was up more than 50%, benefiting from surging demand for AI infrastructure and cloud computing. The company reported strong earnings and easily beat analysts' consensus. Management also came out with increased guidance for the coming quarters."
TD SYNNEX Corporation (NYSE:SNX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 60 hedge fund portfolios held TD SYNNEX Corporation (NYSE:SNX) at the end of the second quarter, up from 50 in the previous quarter. While we acknowledge the potential of TD SYNNEX Corporation (NYSE:SNX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.