Stock Rating Downgrade
In recent days the Value Trend Rating for CDW Corp (NASDAQ: CDW) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 11/8/24, CDW Corp (NASDAQ: CDW) stock declined modestly by -1.5%, closing at $199.87. This decline was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but has risen 6.2% during the last week.
Current PriceTarget Research Rating
CDW’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
CDW has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. CDW has a slightly negative Appreciation Score of 39 and a slightly negative Power Rating of 30, and the Negative Value Trend Rating results.
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