The Best (And Worst) Channel Stocks Of 2013

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CEO: Prashant Ranade

Dec. 31, 2012: $53.63
Dec. 31, 2013: $90.95
Change: +69.6%

Syntel reported sales of $601.5 million for the nine months ended Sept. 30, up 12.2 percent from the same period in 2012. Net income for the nine-month period rose 13.1 percent year-over-year to $153.4 million.

Troy, Mich.-based Syntel (No. 44 on the CRN 2013 Solution Provider 500 list) provides a broad range of integrated information technology and knowledge process outsourcing solutions. In December, the company opened a new development center in suburban Baltimore, the company's fourth such center in the U.S.

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