The Best (And Worst) Channel Stocks Of 2013


CEO: Kevin Murai

Dec. 31, 2012: $34.38
Dec. 31, 2013: $67.40
Change: +96.0%

For its fiscal 2013, ended Nov. 30, Synnex reported revenue of $10.85 billion, up 5.4 percent from fiscal 2012. But net income for the year, $152.3 million, was virtually flat with fiscal 2012.

In September, Synnex, through its Concentrix Corp. global business services division, struck a deal to acquire IBM's $1.2 billion CRM business process outsourcing operations for $505 million. CEO Kevin Murai said the move allows Fremont, Calif.-based Synnex to pursue client growth in the midsize business market and become a player in the $55 billion CRM BPO market.