CDW Corporation (CDW) has been caught in market fluctuations with its stock touching a 52-week low twice. However, it continues to report
strong ROE figures compared to its industry average. Notable new investments in CDW stocks by
FineMark National Bank & Trust,
Nomura Asset Management Co. Ltd., and
Magnetar Financial LLC, among others, indicate growing confidence from institutional investors. Conversely,
American Century Companies Inc. and the
Teacher Retirement System of Texas reduced their stakes. After purchasing
Mission Cloud Services, a major US-based Amazon Web Services Premier Tier Partner, CDW is poised for growth in Cloud Services. Its latest
Q4 2024 earnings beat expectations despite challenging market conditions. CDW also announced its aim to intensify its AI focus, implement a stock buyback program, and issued a quarterly cash dividend of $0.625 per share. CDW has also authorized a
$750 million share repurchase program increase. While some layoffs occurred,
CDW has unveiled a succession plan for its Chief Commercial and Operating Officer, and brought the Microsoft 365 Copilot to 10,000 employees, reporting a significant productivity increase.
Cdw Corporation CDW News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Sat, 29 Mar 2025 23:22:24 GMT -
Rating 3
- Innovation -3
- Information 8
- Rumor 2
