CDW Corporation (CDW) Shares are Up 4.19%

CDW Corporation (CDW) : Traders are bullish on CDW Corporation (CDW) as it has outperformed the S&P 500 by a wide margin of 7.95% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.75%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.19% in the last 1 week, and is up 10.64% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

CDW Corporation (NASDAQ:CDW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.40 and $44.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.73, notching a gain of 0.97% for the day. The total traded volume was 922,468 . The stock had closed at $44.30 on the previous day.

The stock has recorded a 20-day Moving Average of 6.06% and the 50-Day Moving Average is 7.2%. CDW Corporation is up 10.67% in the last 3-month period. Year-to-Date the stock performance stands at 6.97%.

CDW Corporation (CDW) : 6 investment research analysts covering CDW Corporation (CDW) have an average price target of $46.83 for the near short term. The highest target price given by the Brokerage Firm to the stock is $50 and the lowest target is $43 for the short term. Analysts expect the variance to be within $2.32 of the average price.


CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. Its offerings include mobility, security, data center optimization, cloud computing, virtualization and collaboration. The Company offers products for Corporate and Public. Corporate offerings are offered for private sector business customers. Public customers include Government agencies and education and healthcare institutions. CDW has three segments, CDW Advanced Services, Canada and Kelway TopCo Limited (Kelway). The Company is a sales channel partner for many original equipment manufacturers (OEMs) and software publishers (collectively, its vendor partners), whose products it sells or include in the solutions CDW offers. The Company helps its customer base of more than 250,000 small, medium and large business, government, education and healthcare customers by delivering solutions to their IT needs.

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