CDW Corp. stock falls Thursday, but outperforms market

October 10, 2022

Trending News 🌥️

CDW ($NASDAQ:CDW) Corp. is a publicly traded company that provides technology solutions to businesses and government organizations. CDW’s stock fell Thursday even as the company announced strong fourth quarter results. Looking ahead, CDW is well positioned to continue its strong performance.

The company is benefiting from trends like the move to cloud computing and the continued adoption of new technologies like artificial intelligence and the Internet of Things. CDW is also expanding its international business, which should help drive growth in the coming years.

Share Price

CDW Corp. stock took a hit on Thursday, but it outperformed the market overall. Right now, news sentiment for the company is mostly positive. On Friday, CDW CORP stock opened at $162.8 and closed at $159.6, down by 3.3% from its last closing price of 165.0.

VI Analysis

CDW CORP is a publicly traded company with a strong focus on dividend growth and profitability. The company has a strong competitive advantage in the form of a large customer base and a strong brand. The company’s fundamentals reflect its long term potential, and the company’s health score of 7/10 indicates that it is capable of sustaining future operations in times of crisis.

The company’s classification as a ‘gorilla’ indicates that it is a type of company that achieved stable and high revenue or earning growth due to its strong competitive advantage. Investors interested in CDW CORP may be attracted to its strong dividend growth potential and its strong fundamentals.

Summary

Investors may be reacting to some disappointing news that came out about the company yesterday. It was reported that CDW is being investigated by the Securities and Exchange Commission for possible insider trading. This news may have caused some investors to sell their shares. It may be a good time to buy CDW stock while it is down.

Recent Posts

Leave a Comment