CDW Corp: Rating Upgrade As Growth Has Seen Positive Inflection
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CDW Corp's 4Q24 results indicate a positive growth inflection with a 4% increase in hardware sales, signaling a return to year-over-year revenue growth. The company is expected to see significant revenue and earnings growth driven by enterprise hardware demand and strong growth in cloud and security services.

February 09, 2025 | 5:00 pm
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CDW Corp's 4Q24 results show a return to year-over-year revenue growth, driven by a 4% increase in hardware sales. The company is poised for significant revenue and earnings growth due to strong demand in enterprise hardware, cloud, and security services.
CDW's 4Q24 results indicate a key growth inflection point with a 4% increase in hardware sales, marking a return to y/y revenue growth. The recovery in enterprise hardware demand and strong growth in cloud and security services are expected to drive significant revenue and earnings growth. The company's operating leverage is set to improve due to high incremental margins from mostly fixed costs and a lower cost structure.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100