CDW Corporation: Continued Focus on AI Investments & 5 Major Catalysts For Future Growth

CDW’s earnings for the second quarter of 2024 indicated a cautious consumer behavior resulting in elongated
sales cycles and a preference to prioritize immediate needs over expansion endeavors. CDW has witnessed a
hesitation in capital investments, particularly those tied to data center and network modernization, alongside a
significant interaction with client device refresh activities. Additionally, unexpected market-specific dynamics,
such as escalated challenges in the UK market and concerns around federal funding in the US, were cited as
influencing factors.