CDW Corporation (CDW) has been under a strong bear grip, hence the stock is down -0.26% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.82% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.45% in the last 1 week, and is up 6.48% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
CDW Corporation (NASDAQ:CDW): The stock opened at $42.33 on Friday but the bulls could not build on the opening and the stock topped out at $42.56 for the day. The stock traded down to $42.16 during the day, due to lack of any buying support eventually closed down at $42.26 with a loss of -0.26% for the day. The stock had closed at $42.37 on the previous day. The total traded volume was 848,997 shares.
The stock has recorded a 20-day Moving Average of 3.86% and the 50-Day Moving Average is 1.86%. CDW Corporation is up 0.66% in the last 3-month period. Year-to-Date the stock performance stands at 1.06%.
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.