Group 1 - The stock selection process showed positive momentum in December, with an average gain of 0.83% for the selected 15 stocks [1] - The SPDR® S&P 500® ETF was mentioned as a benchmark for performance comparison [1] Group 2 - The analyst holds long positions in various companies, including ZTS, MSCI, DPZ, and others, through stock ownership, options, or derivatives [2] - The article reflects the analyst's personal opinions and is not influenced by compensation from any company mentioned [2]

CDW Corporation (NASDAQ:CDW) is included among the 13 Top Tech Stocks Paying Consistent Dividends. CDW Price Target Reduced as Morgan Stanley Analyst Turns More Selective on IT Hardware Exposure Photo by Vitaly Taranov on Unsplash On December 17, Morgan Stanley cut its price target on CDW Corporation (NASDAQ:CDW) to $177 from $191. The firm kept its Overweight rating. In its year-ahead view on IT hardware, Morgan Stanley said it prefers companies tied to cloud spending, product refresh cycles like Apple ...

Core Viewpoint - Nasdaq announced changes to the Nasdaq-100 index, with six companies being added and six companies being removed, effective December 22 [1] Group 1: Companies Added - The following six companies will be added to the Nasdaq-100 index: - Enliven Therapeutics - Ferrovia Group - Insmed - Monolithic Power Systems - Seagate Technology Holdings - Western Digital [1] Group 2: Companies Removed - The following six companies will be removed from the Nasdaq-100 index: - Biogen - CDW - GlobalFoundries - Lululemon Athletica - ON Semiconductor - The Trade Desk [1]

With a market cap of $19 billion, Vernon Hills, Illinois-based CDW Corporation (CDW) is a leading provider of information technology solutions across the United States, United Kingdom, and Canada, serving corporate, small business, and public sector clients. The company delivers a wide range of hardware, software, and integrated IT services, including hybrid infrastructure, digital experience, and security solutions. Companies worth more than $10 billion are generally described as “large-cap” stocks, and ...

Core Viewpoint - CDW Corporation, valued at $18.3 billion, provides a diverse range of IT solutions across North America and the UK, serving various sectors including corporate, small business, government, education, and healthcare [1] Performance Summary - Over the past 52 weeks, CDW stock has decreased by 21.5%, underperforming the S&P 500 Index, which has risen by 12.3% [2] - Year-to-date, CDW shares have dropped 19.7%, while the S&P 500 has gained 12.5% [2] - CDW has also underperformed the Technology Select Sector SPDR Fund, which increased by 21.6% over the past year [3] Financial Results - In Q3 2025, CDW reported adjusted EPS of $2.71 and revenue of $5.74 billion, exceeding expectations; however, shares fell by 8.5% due to rising selling and administrative expenses and declining demand in key segments [4] - The Education segment experienced an 8.5% revenue decline, alongside softness in data storage and servers [4] Future Outlook - For the fiscal year ending December 2025, analysts project a 1.4% year-over-year increase in EPS to $9.37, with a positive earnings surprise history [5] - The consensus rating among 12 analysts is a "Moderate Buy," with five "Strong Buy" ratings, two "Moderate Buys," and five "Holds" [5] Analyst Ratings - BofA analyst Ruplu Bhattacharya has reduced CDW's price target to $170 while maintaining a "Neutral" rating [6] - The mean price target of $182 indicates a 30.2% premium to current price levels, while the highest target of $225 suggests a potential upside of 60.9% [6]

Core Insights - Commvault announced the winners of the inaugural Commvault Fearless Awards 2025, recognizing partners who have demonstrated resilience against cyber threats and business disruptions [1][2][8] - The awards highlight a customer-first mindset and a unified, cloud-native approach to resilience among 24 standout partners globally [2][3] Award Winners - The Global Champion Award was awarded to HPE, with CDW, Softcat, and Logicalis Australia receiving regional champion awards for AMER, EMEA, and APAC respectively [6][12] - Other notable awards included Global AI Innovation Award to AWS, Global Cloud Partner of the Year to Microsoft, and Global Cyber Readiness Award to Bytes [7] Partner Statements - HPE emphasized the importance of comprehensive cyber resilience and data protection, reflecting a shared vision with Commvault [4] - Softcat highlighted the strength of their long-standing partnership with Commvault, focusing on innovation and customer-centric solutions [4] - Logicalis Australia expressed commitment to helping customers strengthen resilience and navigate complexity in the APAC region [4] Event Context - The awards were unveiled at SHIFT NYC, which also featured significant announcements including the Commvault Cloud Unity platform release [9][11] - The Commvault Fearless Awards aim to honor partners who show unwavering commitment to resilience amid evolving threats [8]

Core Viewpoint - The analyst previously rated CDW Corp as a buy due to its attractive valuation at 16x forward PE and strong growth drivers, but has now downgraded it to a hold rating due to reduced conviction in the investment thesis [1]. Summary by Relevant Sections - **Valuation and Growth Drivers** - CDW Corp was initially considered undervalued at a forward PE of 16x, indicating potential for growth [1]. - The growth drivers for the company were identified as clear and strong, supporting the initial buy rating [1]. - **Change in Rating** - The downgrade to a hold rating reflects a shift in the analyst's confidence regarding the investment in CDW Corp [1].

Core Viewpoint - The article discusses the recent volatility in the stock market and highlights four companies that have recently increased their dividends, providing potential investment opportunities for cautious investors seeking steady income amidst economic uncertainty [2][3]. Economic Context - Major stock indexes have reached all-time highs, but investor sentiment remains low due to a lack of economic data from the government shutdown, the impact of tariffs imposed by President Trump, and uncertainty regarding a potential interest rate cut by the Federal Reserve [2][4]. - The Federal Reserve recently cut interest rates by 0.25 percentage points, but this did not positively affect stock prices, as Chairman Jerome Powell expressed doubts about further cuts this year [4][5]. - The ongoing government shutdown has deprived investors of key economic data, contributing to fears of a recession as the labor market continues to shrink [6]. Company Highlights - **CDW Corporation**: Announced a dividend of $0.63 per share, with a dividend yield of 1.76%. Over the past five years, CDW has increased its dividend six times, with a payout ratio of 26% of earnings [9][8]. - **California Resources Corporation**: Declared a dividend of $0.41 per share, yielding 3.32%. The company has increased its dividend four times in the last five years, with a payout ratio of 34% of earnings [11][10]. - **Exxon Mobil Corporation**: Announced a dividend of $1.03 per share, yielding 3.47%. Exxon has increased its dividend five times over the past five years, with a payout ratio of 57% of earnings [13][12]. - **Entergy Corporation**: Declared a dividend of $0.64 per share, yielding 2.49%. Entergy has increased its dividend six times in the last five years, with a payout ratio of 59% of earnings [14][12].

Group 1 - The article does not provide any specific content or key points related to a company or industry [1]

Market Overview - Wall Street experienced significant volatility, with major indexes reaching all-time highs, yet investor sentiment remains low due to economic uncertainties [1][3] - The ongoing government shutdown has resulted in a lack of key economic data, complicating investors' ability to gauge the economy's future [5] Federal Reserve Actions - The Federal Reserve recently cut interest rates by 0.25 percentage points for the second time this year, but this did not boost stock performance [3] - Chairman Jerome Powell expressed uncertainty regarding further rate cuts, indicating differing views among Fed officials on future monetary policy [4] Economic Concerns - The labor market is showing signs of contraction, raising fears of a potential recession [5] - Tariffs imposed by President Trump, particularly in relation to China, have contributed to market volatility and increased concerns among investors [6] Dividend-Paying Stocks - In light of market uncertainties, investors may consider dividend-paying stocks for steady income and capital protection [2] - Four companies recently announced dividend increases: - **CDW Corporation**: Dividend of $0.63 per share with a yield of 1.76%, increased dividends six times in five years, payout ratio at 26% [8][7] - **California Resources Corporation**: Dividend of $0.41 per share with a yield of 3.32%, increased dividends four times in five years, payout ratio at 34% [10][9] - **Exxon Mobil Corporation**: Dividend of $1.03 per share with a yield of 3.47%, increased dividends five times in five years, payout ratio at 57% [12][11] - **Entergy Corporation**: Dividend of $0.64 per share with a yield of 2.49%, increased dividends six times in five years, payout ratio at 59% [13]