CDW Corporation CDW saw a big move last session, as the company's shares fell more than 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $27.75–$30.02 in the past one-month time frame, showed a sharp decline yesterday at $28.11.
Although this slump was obviously disappointing, the company has seen 3 positive revisions and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for CDW. So make sure to keep an eye on this stock going forward to see if yesterday's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
CDW currently has a Zacks Rank #3 (Hold) while its Earnings ESP is zero.
Some better-ranked stocks in the technology sector include Barracuda Networks, Inc. CUDA, EPAM Systems, Inc. EPAM and Kofax Limited KFX. All these stocks carry a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Although this slump was obviously disappointing, the company has seen 3 positive revisions and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for CDW. So make sure to keep an eye on this stock going forward to see if yesterday's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
CDW currently has a Zacks Rank #3 (Hold) while its Earnings ESP is zero.
Some better-ranked stocks in the technology sector include Barracuda Networks, Inc. CUDA, EPAM Systems, Inc. EPAM and Kofax Limited KFX. All these stocks carry a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
CDW CORP CDW: Free Stock Analysis Report
BARRACUDA NTWRK CUDA: Free Stock Analysis Report
EPAM SYSTEMS EPAM: Free Stock Analysis Report
KOFAX LTD KFX: Get Free Report
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