Thursday, January 12, 2012

Investopedia: SYNNEX - A Rising Player In A Brutal Business

The world has never especially loved middlemen, but it has never found a way to get on without them. In the business world, distributors of IT products like Synnex (NYSE:SNX) have long had to deal with razor-thin margins, ample competition, high working-capital needs and the threat that its customers and suppliers would work together to work around them. Although Synnex has all of these challenges, the company is doing well in growing margins and expanding its non-distribution business.

A Good Close to the End  
There are plenty of worries about the IT space these days, and warnings from companies like Juniper Networks (NYSE:JNPR) and Oracle (Nasdaq:ORCL) are doing little to help matters. When it comes to actually moving product, though, Synnex saw a very good fourth quarter.

Read more here:
http://stocks.investopedia.com/stock-analysis/2012/SYNNEX--A-Rising-Player-In-A-Brutal-Business-SNX-HPQ-IM-TECD0112.aspx

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