CDW Bull Case
Here are some ways that investors could benefit from investing in CDW Co.:
- CDW Co. recently reported earnings per share of $2.40, exceeding the consensus estimate of $2.33, indicating strong financial performance and effective management.
- The company has declared a quarterly dividend of $0.625 per share, translating to an annualized dividend of $2.50, which offers a dividend yield of 1.32%. This can provide a steady income stream for investors.
- CDW Co. has a market capitalization of $25.24 billion, reflecting its significant size and stability in the information technology sector, which can be appealing to investors seeking less volatile investments.
- Recent analyst ratings show a consensus of "Moderate Buy" with an average price target of $242.67, suggesting potential for price appreciation based on analyst confidence.
- The stock is currently trading at $192.80, which is below its one-year high of $263.37, indicating a possible buying opportunity for investors looking for value.