The Best (And Worst) Channel Stocks Of Q1 2014

Email this CRN article


CEO: Jeffrey Davis

Dec. 31, 2013: $23.42

March 31, 2014: $18.12

Change: -22.63%

St. Louis-based Perficient (No. 79 on the CRN 2013 Solution Provider 500 list) recorded one of the biggest gains in its share price in 2013, so it's something of a shock that the drop in its stock's value in the first quarter of 2013 was the biggest among the solution providers and distributors on our list.

Perhaps investors are just taking some profits from their 2013 gains. Another factor could be Perficient's aggressive acquisition strategy that, while positioning the company in the long term, consumes a lot of cash.

Email this CRN article