CDW Corporation continues to strengthen its position in the market with multiple events indicating positive growth. Asset purchases by Assetmark Inc, TD Asset Management Inc, Advisory Services Network LLC, Franklin Resources Inc, and UBS Group AG are optimistic signs of increased confidence in the tech company. NASDAQ:CDW is also viewed as a strong value and momentum stock, which could potentially make it a good pick for long-term investors. Despite facing earnings misses and challenging economic headwinds, the company demonstrates resilience with robust margins and strategic focus. Its focus on harnessing emerging technologies such as AI and data analytics may drive innovation. However, CDW has recently faced a potential cyber threat by ransomware gang LockBit and a lawsuit over Cisco sales. On the earnings front, CDW has announced dividends and a share buyback program, albeit it has underperformed at times when compared to rivals. Analysts' average rating for CDW is 'moderate buy' and its EPS growth is expected.
Cdw Corporation CDW News Analytics from Thu, 03 Aug 2023 07:00:00 GMT to Sun, 02 Jun 2024 16:21:45 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -4