We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
CDW Corp. (CDW) Shows Strength: Stock Adds 6.6% in Session
Read MoreHide Full Article
CDW Corporation (CDW - Free Report) was a big mover last session, as its shares rose almost 7% on the day. The move came after the company reported fourth-quarter 2016 earnings of $103.2 million and the results also surpassed Wall Street expectations. Further, it has declared a quarterly cash dividend of $0.16 per common share to be paid on Mar 10, 2017 to all stockholders of record as of the close of business on Feb 24, 2017. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $51.04 to $53.40 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
CDW Corp. currently carries a Zacks Rank #3 (Hold).
Is CDW going up? Or down? Predict to see what others think: Up or Down
Just Released – Driverless Cars: Your Roadmap to Mega-Profits Today
In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
CDW Corp. (CDW) Shows Strength: Stock Adds 6.6% in Session
CDW Corporation (CDW - Free Report) was a big mover last session, as its shares rose almost 7% on the day. The move came after the company reported fourth-quarter 2016 earnings of $103.2 million and the results also surpassed Wall Street expectations. Further, it has declared a quarterly cash dividend of $0.16 per common share to be paid on Mar 10, 2017 to all stockholders of record as of the close of business on Feb 24, 2017. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $51.04 to $53.40 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
CDW Corp. currently carries a Zacks Rank #3 (Hold).
CDW Corporation Price
CDW Corporation Price | CDW Corporation Quote
A better-ranked stock in the Computers - IT Services space is Acxiom Corporation , carrying a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CDW going up? Or down? Predict to see what others think: Up or Down
Just Released – Driverless Cars: Your Roadmap to Mega-Profits Today
In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>