CDW (CDW) Surges 9.2%: Is This an Indication of Further Gains?

Group 1: Company Performance - CDW shares increased by 9.2% to $159.48, following a 12.1% loss over the past four weeks, indicating a rebound in business momentum across all sales units and global markets [1] - The cloud and SaaS business saw strong growth, with software sales up 5%, driven by double-digit growth in SaaS and IaaS, and a significant impact on profits with gross profit rising in the mid-teens [2] - CDW Managed Services grew by over 20%, and the company aims to outpace the U.S. IT market by 2–3% in 2025, supported by a customer base of over 250,000 [2] Group 2: Financial Expectations - CDW is expected to report quarterly earnings of$ 1.96 per share, reflecting a year-over-year change of +2.1%, with revenues projected at $4.9 billion, up 0.7% from the previous year [3] - The consensus EPS estimate for CDW has remained unchanged over the last 30 days, suggesting that stock price movements may be influenced by trends in earnings estimate revisions [5] Group 3: Market Position and Comparisons - CDW's share buyback programs and robust cash flow are seen as positive factors for the company's prospects [3] - In comparison, Taboola.com Ltd. (TBLA) closed the last trading session 9.1% higher, but has returned -12.1% in the past month, indicating differing performance within the same industry [5]