Overall market sentiment has been high on CDW common stock (CDW) stock lately. CDW receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With CDW Stock Today?
CDW common stock (CDW) stock has risen 0.5% while the S&P 500 is down -0.86% as of 3:00 PM on Wednesday, Jun 16. CDW has risen $0.85 from the previous closing price of $170.93 on volume of 773,855 shares. Over the past year the S&P 500 is up 37.29% while CDW has risen 50.82%. CDW earned $5.91 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.05.
To see InvestorsObserver's Sentiment Score for CDW common stock click here.
More About CDW common stock
CDW Corp is a value-added reseller operating in the U.S. (95% of sales) and Canada (5%). The company has more than 100,000 products on its line of cards that range from notebooks to data center software. Roughly half of CDW's revenue comes from midsize and large businesses, with the remaining from small businesses, government agencies, education institutions, and health-care organizations.
Click Here to get the full Stock Score Report on CDW common stock (CDW) Stock.