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Added to YB: 2026-03-20

Pitch date: 2026-01-23

CDW [bullish]

CDW Corporation

-4.55%

current return

Author Info

No bio for this author

Company Info

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

Market Cap

$15.1B

Pitch Price

$125.36

Price Target

216.00 (+81%)

Dividend

2.15%

EV/EBITDA

10.22

P/E

14.53

EV/Sales

0.92

Sector

Electronic Equipment, Instruments and Components

Category

value

Show full summary:
CDW Corporation - $CDW

CDW: #1 US VAR w/ 5% share, outgrows IT spend 2-3%, mid/high-teen ROIC, 20-day cash conversion, 2% yield + 23% S/O cut over 10yrs. Post-COVID headwinds (SMB weak, DOGE risk at 12% sales, memory spike) suppressed GP at $4.6-4.8B since 2022. OBBB catalyst: 2017 TJCA bonus depreciation drove HSD/low-DD growth for 8qtrs. Trades 12x 2026 EPS (decade low vs 18-24x hist), 7% FCF yield. Target $184-216 (16-18x $11.50-12 EPS) = 45-70% upside in 2-3yrs

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