CDW Corporation (NASDAQ:CDW) showcased robust performance in Q1, with earnings and revenues surpassing expectations due to strong sales from PCs, bolstered by the impulse to escape tariff price hikes and the exit of Windows 10. The company's profits rose, beating estimates which illustrates their solid position in the market. CDW also declared its quarterly cash dividend of $0.625 per share multiple times across the quarter. Various investment companies like Ameriprise Financial Inc, FORA Capital LLC, Alyeska Investment Group L.P. and several others showed considerable interest in CDW, either by lessening or increasing their stock positions. The corporationβs stock outperformed its competitors on a strong trading day and saw an increase in their share price. Furthermore, CDWβs following a successful growth strategy with a focus on outperforming the IT market and with a strong growth forecasted through 2025. The corporation continues to expand its horizons into the healthcare sector and AI infrastructure, boasting surprising gains attributed to healthcare and education demands.
Cdw Corporation CDW News Analytics from Wed, 23 Oct 2024 07:00:00 GMT to Sat, 10 May 2025 12:48:16 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -6