Quantcast

Why CDW is Such a Great Value Stock Pick Right Now


Shutterstock photo

Value investing is always a very popular strategy, and for good reason. After all, who doesn't want to find stocks that have low PEs, solid outlooks, and decen t dividends ?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; CDW Corporation CDW .

CDW Corporation in Focus

CDW may be an interesting play thanks to its forward PE of 18, its P/S ratio of 0.9, and its decen t dividend yield of 1.1%. These factors suggest that CDW is a pretty good value pick, as investors have to pay a relatively low level for each dollar o f earnings , and that CDW has decent revenue metrics to back up its earnings.

CDW Corporation PE Ratio (TTM)

CDW Corporation PE Ratio (TTM)

CDW Corporation pe-ratio-ttm | CDW Corporation Quote

But before you think that CDW is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 2.3% in the past 30 days, thanks to six upward revisions in the past one month compared to none lower.

This estimate strength is actually enough to push CDW to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see  the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

So really, CDW is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They're also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


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 Corporation (CDW): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: CDW



More from Zacks.com

Subscribe







Zacks.com
Contributor:

Zacks.com

Equity Research












Research Brokers before you trade

Want to trade FX?