The Best (And Worst) Channel Stocks Of Q1 2014


CDW

CEO: Thomas Richards

Dec. 31, 2013: $23.36

March 31, 2014: $27.44

Change: +17.47%

CDW, based in Vernon Hills, Ill., went public in mid-2013. In February the company reported sales in its fourth quarter ended Dec. 31 reached $2.71 billion, up more than 4 percent from the same period one year before. Net income was $60 million, up 80 percent year over year. For all of fiscal 2013 sales grew more than 6 percent to more than $10.77 billion.

In February CDW (No. 8 on the CRN 2013 Solution Provider 500 list) struck a deal with Google to begin offering Google Apps for Business as part of its growing cloud technology portfolio. The company is also a large-account reseller for Microsoft's Office 365 cloud application set.