Dow Jones Hits 13000: How's the VAR500 Doing?

VAR500 Stocks: Growing With The Market?

With the Dow Jones industrial average hitting 13000, on Tuesday -- as well as through the following three days -- CRN thought it would be a good time to see how some VAR500 solution provider stocks fared. Is IT leading the charge?

Following are the stock prices of the top 10 solution providers on the VAR500 list with headquarters in North America and that trade on a U.S. exchange. We compare the closing prices of Mar. 15 with last year's price on that day.

CIBER (VAR500 Rank: 25)

March 15, 2012: $4.40
March 15, 2011: $5.73
Change: -23.2%

Recent News: This month, Ciber sold its Federal Division to CRGT, a provider of life-cycle IT services to the federal government. In February, CIBER tapped its 16-year veteran, Mike Dillon, to lead its North America Oracle Practice, and Garth Carter, the head of CIBER's public sector and higher education segment, to lead Oracle sales for the company.

PC Mall (VAR500 Rank: 22)

March 15, 2012: $5.71
March 15, 2011: $9.62
Change: -40.6%

Recent News: It's been a rough road recently for the El Segundo, Calif.-based e-tailer; PC Mall's stock price finished 2011 in worse shape than any other channel company surveyed by CRN. Although revenue for 2011 was up overall, last quarter sales were not as good as in 2010.

PC Connection (VAR500 Rank: 21)

March 15, 2012: $8.23
March 15, 2011: $9.62
Change: -14.4%

Recent News: Jack L. Ferguson retired as CFO, Treasurer and Executive Vice President, and PC Connection recently appointed Joseph S. Driscoll as his replacement.

CGI (VAR500 Rank: 16)

March 15, 2012: $21.62
March 15, 2011: $19.26
Change: +12.2%

Recent News: CGI got a recent state government win when Vermont announced it would use the solution provider's public sector performance budgeting solution.

Cognizant (VAR500 Rank: 12)

March 15, 2012: $76.91
March 15, 2011: $74.00
Change: +3.9%

Recent News: Cognizant has made gains in the retail sector, last month nabbing a five-year, multimillion dollar, deal with Future Group, one of India's largest retail companies.

Dimension Data (Now Part Of NTT) (VAR500 Rank: 11)

March 15, 2012: $23.08
March 15, 2011: $22.29
NTT stock price
Change: +3.5%

Recent News: Dimension Data became a true cloud service provider when it bought OpSource last June, combined with hard work and tenacity, as seen in its a massive internal training initiative.

Insight Enterprises (VAR500 Rank: 10)

March 15, 2012: $21.48
March 15, 2011: $16.89
Change: +27.1%

Recent News: Insight Enterprises last month launched the InsightCloud Solution Center, its first cloud-based offering that will include messaging, security, infrastructure, collaboration solutions and management capabilities for messaging workload. Early in March, the integrator was recognized by HP for market leadership and overall year-over-year growth and performance, and received the vendor's Partner in Excellence Award.

CSC (VAR500 Rank: 4)

March 15, 2012: $32.60
March 15, 2011: $45.67
Change: -28.6%

Recent News: CSC and Softheon announced this month a new software distribution agreement that will help health-care professionals optimize efficiency and increase productivity. In addition, the integrator recently released a plan to settle a contract dispute with the United Kingdom's National Health Service.

Accenture (VAR500 Rank: 3)

March 15, 2012: $63.62
March 15, 2011: $49.03
Change: +29.7%

Recent News: Accenture just released a study that found the United States is a leader in health-care IT use and adoption by physicians, compared with other regions of the globe.