PC Connection Inc (NASDAQ: CNXN) stock enjoyed a major increase of 10.6% on 11/6/24. The shares closed at $75.30. Moreover, above average trading volume at 138% of normal accompanied the advance. The stock has risen 8.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CNXN is expected to continue to be a Value Builder.
PC Connection has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. PC Connection has a neutral Appreciation Score of 47 but a good Power Rating of 71, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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