The Best (And Worst) Third-Quarter Channel Stocks


Avnet



Sept. 28, 2012: $29.09

June 29, 2012: $30.86

Change: -5.7%

Avnet shares fell almost $2 per share on Aug. 8 but gained it back the following day. Shares closed over $33 as recently as Sept. 14, but they lost more than $4 per share over the last two weeks. During the quarter, Avnet, led by CEO Rick Hamada, acquired Pepperweed Consulting to expand its services and software portfolio.



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