The Best (And Worst) Channel Stocks Of 2013


CEO: Mike Lawrie

Dec. 31, 2012: $40.05
Dec. 31, 2013: $55.88
Change: +39.5%

For the first two quarters of fiscal 2014, ended Sept. 27, CSC reported revenue of $6.44 billion, down 10 percent from the same period in 2012. But net income nearly doubled year-over-year to $359 million.

CSC has been divesting itself of business units it no longer considers central to its core business of "next-generation technology solutions and services." In May, for example, the company sold its Applied Technology Division (base operations, aviation and range services), the company's sixth divestiture in seven months.

In August, CSC, based in Falls Church, Va., expanded its big data business by acquiring Infochimps, developer of big data Platform-as-a-Service technology. And in October, CSC (No. 5 on the CRN 2013 Solution Provider 500 list) announced a deal to buy enterprise cloud management company ServiceMesh.



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