The Best (And Worst) Channel Stocks Of Q1 2014


PCM

CEO: Frank Khulusi

Dec. 31, 2013: $10.27

March 31, 2014: $9.78

Change: -4.77%

For its fiscal year ended Dec. 31 PCM (No. 27 on the CRN 2013 Solution Provider 500 list) reported sales of $1.42 billion, flat with fiscal 2012 sales. But the El Segundo, Calif.–based company's net income for the year soared 59.6 percent to $8.1 million.

The value of PCM's shares could begin to rise, however, following recent news that Firoz Lalji, chairman of PCM rival Zones, has quietly acquired 5.02 percent of PCM's shares. That has led to speculation that PCM could be in for an acquisition bid or hostile takeover.

 



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