CDW Corporation Stock: Is Wall Street Bullish or Bearish?

CDW Corporation (CDW) is a technology solutions provider that supports businesses, government agencies, schools, and healthcare organizations with a wide range of IT products and services. The company is headquartered in Vernon Hills, Illinois, and focuses on helping customers build, manage, and optimize their technology environments. CDW has a market capitalization of $14.16 billion.

Shrinking profitability margins amid a shifting sales mix towards lower-margin hardware have pressured CDW’s stock. Over the past 52 weeks, the stock has dropped 39.6%, and it is down 18.6% year-to-date (YTD). The stock reached a 52-week low of $97.12 on May 12 but is up 14.1% from that level.