Skip to Main Content
Back to website
Read previous article: PNC Financial Services Group, Inc. ($PNC) Read next article: Southwest Airlines Co. ($LUV)
4 mins read

CDW Corporation ($CDW)

CDW Corporation Logo of CDWCDW, a leading provider of technology products and services, plays a crucial role in the IT sector. Known for its extensive product range and tailored IT solutions, CDW caters to a diverse clientele including businesses, government entities, and educational institutions. The company has carved out a significant presence in the technology market, distinguishing itself through a customer-centric approach and a broad spectrum of technology offerings.

Real-Time Price Chart for CDW Corporation

Daily timeframe price chart. Click on chart for more information.

Historical Overview

CDW Corporation was founded in 1984, marking the beginning of a journey that would see it become a major player in the technology services industry. The company’s evolution over the years is characterized by strategic growth, expansion into new markets, and a consistent focus on adapting to the changing technology landscape.

  1. 1984: CDW is founded, marking the start of its journey in the technology services industry.
  2. 1993: The company completes its first IPO and lists on NASDAQ, a significant step in its corporate growth. Sales reach $270M.
  3. 1997: Establishment of headquarters in Vernon Hills, IL, and surpassing the $1B sales mark, signifying major growth.
  4. 1998: The founding of CDW•G to support government and education customers, expanding its market reach.
  5. 2003: Acquisition of Micro Warehouse assets and the launch of CDW Canada, furthering its expansion.
  6. 2005: Opening of the Western Distribution Center in Las Vegas, enhancing its logistical capabilities.
  7. 2007: CDW transitions to a private company, a strategic shift in its corporate structure.
  8. 2013: CDW lists on NASDAQ.
  9. 2015: CDW acquires U.K.-based solutions provider Kelway, significantly expanding its international presence.

Currently, CDW’s leadership includes Christine Leahy as CEO. The company is headquartered in Vernon Hills, IL, with a network of offices and operations that extend across the United States and into other countries, reflecting its expansive reach in the tech industry.

CDW Corporation’s Seasonality Profile

Seasonality measures the change in price over time on average. Here is how CDW Corporation performs over time. Each bar represents a calendar month. The percentages represent how frequently each calendar month closes higher than the one before it. The vertical line indicates the current month.

Core Business & Operations

CDW specializes in providing comprehensive technology solutions, including hardware, software, and a range of IT services. The company’s offerings cater to a wide spectrum of clients, from small businesses to large enterprises, as well as educational institutions and government agencies.

  1. Technology Products: A vast array of hardware and software products from leading tech brands.
  2. IT Services: Customized services including cloud solutions, data center optimization, and network security.
  3. Solutions for Education and Government: Specialized services and products tailored for public sector clients.
  4. E-commerce Platform: Robust online sales through CDW.com.

The company’s operations are characterized by a strong focus on customer service, with an emphasis on understanding and meeting the unique technology needs of each client.

Market Presence

CDW Corporation holds a strong position within the IT services and solutions market, competing with other major technology providers on various fronts.

  1. Insight Enterprises: Competes in IT solutions and services.
  2. SHI International Corp: Focuses on software, hardware, and IT services.
  3. PCM, Inc.: Offers technology products and solutions.

CDW’s strategy revolves around delivering customized technology solutions, a broad product range, and exceptional customer service, enabling it to maintain a competitive edge in the market.

Financial Snapshot

CDW’s financial history is marked by consistent growth, with revenue and coworker numbers steadily increasing over the years. The company has successfully navigated the evolving tech landscape, adapting its offerings to meet changing market demands and customer needs. Its financial performance reflects a strong business model and effective strategic initiatives.

In recent times, CDW has shown a keen focus on expanding its service offerings, particularly in areas like cloud computing and cybersecurity. These areas, along with its traditional hardware and software sales, have contributed to sustained financial health and growth prospects.

CDW Corporation’s Recent Trading Volume

Volume indicates how many shares change hand in a trading session. This chart shows CDW Corporation’s recent market volume for the last 30 trading days on a rolling basis. Elevated volume indicate that there is increased interest in the stock and there is often a reason for this, such as an earnings report, product release, news article, corporate event, or something else.

Future Outlook

Looking ahead, CDW is poised for continued growth, driven by its commitment to innovation and customer-centric approach. The company’s strategy includes further expansion into emerging technology areas, enhancing its service offerings, and exploring new market opportunities. Investments in areas such as cloud computing, cybersecurity, and digital transformation are likely to be key drivers of future growth.

Moreover, CDW’s focus on sustainability and social responsibility, as evidenced by its Environmental, Social, and Governance initiatives, positions it well in a market increasingly conscious of corporate impact on society and the environment.

Learn More

Explore more about CDW Corporation through these resources:

  1. CDW’s Official Website: Find detailed information about CDW’s products, services, and corporate news: https://www.cdw.com/
  2. Wikipedia Page on CDW Corporation: Offers an in-depth overview of CDW’s history, operations, and business model: https://en.wikipedia.org/wiki/CDW
  3. Crunchbase Profile of CDW: Provides insights into CDW’s business activities, funding history, and key developments: https://www.crunchbase.com/organization/cdw-corporation
  4. Bloomberg’s CDW Profile: Presents updated financial data, news, and analysis on CDW: https://www.bloomberg.com/profile/company/CDW:US

These links serve as valuable resources for anyone seeking a deeper understanding of CDW Corporation’s role in the technology sector and its impact on the global market.

Related:

  • Major Public Corporation Profiles

    Charles Schwab Corporation ($SCHW) 

    Charles Schwab Corporation, a leading investment management and financial services company, has significantly transformed the brokerage industry. Known for its innovation and customer-centric approach, Charles Schwab has played a pivotal role in making financial services more accessible and affordable to a wide range of clients, from individual investors to large institutions. Real-Time Price Chart for …
    Read article: Charles Schwab Corporation ($SCHW)
  • Major Public Corporation Profiles

    Mastercard Incorporated ($MA) 

    Mastercard Incorporated MA is a global pioneer in payment and technology solutions. Renowned for its Mastercard brand, the company has been instrumental in transforming the financial services sector by offering innovative payment solutions. It plays a vital role in the evolution of digital transactions, easing the shift from cash to electronic payments, and is recognized …
    Read article: Mastercard Incorporated ($MA)
Read previous article: PNC Financial Services Group, Inc. ($PNC) Read next article: Southwest Airlines Co. ($LUV)