CDW Corporation (CDW) Shares are Down -1.19%

CDW Corporation (CDW) has risen sharply, recording gains of 2.14% in the past 4 weeks. However, the stock has corrected -1.19% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.7% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.25% and the 50-Day Moving Average is 2.65%.The 200 Day SMA reached 10.53%

CDW

CDW Corporation (NASDAQ:CDW): After opening at $45.57, the stock dipped to an intraday low of $45.21 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $45.915 and the buying power remained strong till the end. The stock closed at $45.73 for the day, a gain of 0.97% for the day session. The total traded volume was 772,469. The stocks close on the previous trading day was $45.73.

CDW Corporation (CDW) : The highest level CDW Corporation (CDW) is projected to reach is $50 for the short term and the lowest estimate is at $46. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $47.67 and the possibility the share price can swing is $1.37.

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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