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CDW
Stock ticker: NASDAQ
AS OF
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Capitalization
27.2B

CDW CDW Corp Forecast, Technical & Fundamental Analysis

a provider of information technology solutions

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for CDW with price predictions
08:00 PM EDT Sep 28, 2023

CDW in upward trend: price may jump up because it broke its lower Bollinger Band on September 26, 2023

CDW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 33 cases where CDW's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CDW's RSI Oscillator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where CDW's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CDW advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 332 cases where CDW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on CDW as a result. In of 100 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CDW turned negative on September 12, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

CDW moved below its 50-day moving average on September 29, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CDW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CDW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: CDW's P/B Ratio (16.863) is very high in comparison to the industry average of (3.940). P/E Ratio (25.840) is within average values for comparable stocks, (45.734). CDW's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.375). Dividend Yield (0.012) settles around the average of (0.030) among similar stocks. P/S Ratio (1.241) is also within normal values, averaging (6.940).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Accenture PLC (NYSE:ACN), International Business Machines Corp (NYSE:IBM), Xerox Holdings Corp (NASDAQ:XRX), Unisys Corp (NYSE:UIS).

Industry description

The industry, whose total market cap runs into trillions, makes hardware/software that allows data to be stored, retrieved, transmitted, and manipulated on computers. With the ever-increasing relevance of data, the information technology (IT) industry has gained momentous growth over the years, and continues to thrive on innovation. Some of the behemoths in the industry are International Business Machines Corporation, Accenture, and VMware, Inc.

Market Cap

The average market capitalization across the Information Technology Services Industry is 7.52B. The market cap for tickers in the group ranges from 0 to 189.18B. ACN holds the highest valuation in this group at 189.18B. The lowest valued company is ARSC at 0.

High and low price notable news

The average weekly price growth across all stocks in the Information Technology Services Industry was -0%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -4%. EAXR experienced the highest price growth at 58%, while ATHC experienced the biggest fall at -50%.

Volume

The average weekly volume growth across all stocks in the Information Technology Services Industry was -3%. For the same stocks of the Industry, the average monthly volume growth was -50% and the average quarterly volume growth was -41%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 43
P/E Growth Rating: 66
Price Growth Rating: 62
SMR Rating: 70
Profit Risk Rating: 82
Seasonality Score: -21 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I. Advisor
published Earnings

CDW is expected to report earnings to rise 1.95% to $2.61 per share on November 01

CDW Corp CDW Stock Earnings Reports
Q3'23
Est.
$2.61
Q2'23
Beat
by $0.23
Q1'23
Est.
$2.03
Q4'22
Beat
by $0.01
Q3'22
Beat
by $0.08
The last earnings report on August 02 showed earnings per share of $2.56, beating the estimate of $2.33. With 516.16K shares outstanding, the current market capitalization sits at 27.20B.
A.I.Advisor
published Dividends

CDW paid dividends on September 12, 2023

CDW Corp CDW Stock Dividends
А dividend of $0.59 per share was paid with a record date of September 12, 2023, and an ex-dividend date of August 24, 2023. Read more...
A.I. Advisor
published General Information

General Information

a provider of information technology solutions

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Information Technology Services
Address
75 Tri-State International
Phone
+1 847 465-6000
Employees
15100
Web
https://www.cdw.com
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CDW and

Correlation & Price change

A.I.dvisor indicates that over the last year, CDW has been closely correlated with IT. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDW jumps, then IT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CDW
1D Price
Change %
CDW100%
-0.55%
IT - CDW
71%
Closely correlated
-0.81%
FLYW - CDW
56%
Loosely correlated
-0.62%
GIB - CDW
55%
Loosely correlated
-0.29%
NCR - CDW
54%
Loosely correlated
-0.48%
ACN - CDW
54%
Loosely correlated
+2.11%
More

Groups containing CDW

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CDW
1D Price
Change %
CDW100%
-0.55%
CDW
(undefined stocks)
83%
Closely correlated
+0.16%
Information Technology Services
(undefined stocks)
69%
Closely correlated
-0.05%
networking
(undefined stocks)
65%
Loosely correlated
-0.60%
information technology
(undefined stocks)
65%
Loosely correlated
-0.81%
cloud
(undefined stocks)
64%
Loosely correlated
-0.96%
More