Ingram Micro, Inc.
Ingram Micro (NYSE: IM) may be the biggest distributor of technology products in the world, but it certainly is not the most profitable. Companies like ScanSource (NASDAQ: SCSC) and Avnet (NYSE: AVT) have carved out niches that allow them to be more profitable. However, only one of the three companies is a good investment at the moment.
Same industry, different strategies
Ingram Micro's offerings are vast; its product more »
The IT distribution business is highly cyclical and notoriously competitive. However, efficient operators can create value for shareholders. Three such operators are currently being unfairly discounted by the market due to near-term demand concerns.
The only way to make money in an industry that has no sustainable competitive advantages is to become the most efficient operator. Ingram Micro (NYSE: IM) is the most obvious place to start looking more »
Of all the industries you could start a business in, IT products distribution is probably the last I would recommend. Low margins, cutthroat competition, and high supplier bargaining power make this as unattractive an industry as you can find.
However, while I wouldn't say some companies thrive in this industry, it is clear that a few have found a way to make more money than most.
The most attractive more »
One of the biggest stories in the tech sector lately has been the rumored downfall of the PC hardware industry. Several very large PC firms have been reporting slowing sales, and in some cases, posting quarterly losses as a result of poor demand. However, one branch of the computer sector has been doing rather well as of late. PC wholesalers, on the whole, are growing earnings quite well, and priced more »
Ingram Micro (NYSE: IM) has underperformed its peers over recent years. The shares have not enjoyed the same gains as similar stocks within technology due to margin pressure and lower earnings growth. Ingram Micro has had many issues, ongoing problems with an ERP implementation, increasing competitive pressure, concern over their ability to integrate Brightpoint and softening demand in its core distribution business. That said, the stock looks inexpensive and the more »
F5 Networks (NASDAQ: FFIV) gave results and cheered the market. The Nasdaq needed this after the recent sell-offs in tech bellwethers IBM, Intel and Qualcomm.
For those not acquainted with F5, it is one of those sexy stocks associated with cloud computing growth and the inexorable rise of bandwidth usage. In short, F5 ensures that the delivery of applications is not degraded when they are moved from one server to more »