CDW Corp stock rises 1.10% and outperforms in weak market
Updated
Updated · MarketWatch · May 7
CDW Corp stock rises 1.10% and outperforms in weak market
13 articles · Updated · MarketWatch · May 7
Shares closed at $110.20 as the S&P 500 fell 0.38% and the Dow Jones Industrial Average dropped 0.63% on Thursday.
CDW's gain beat Amazon's 1.39% decline, though Adobe rose 2.53% and Accenture advanced 3.22% in mixed trading among peers.
The stock remains 42.69% below its 52-week high of $192.30 reached on May 14, while trading volume of 4.1 million topped its 50-day average of 1.7 million.
CDW is returning 112% of free cash flow to shareholders. Is this bold confidence or a risky gamble on its future?
With shrinking margins despite record sales, can CDW's new AI strategy truly transform its business model?