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Valued at a market cap of $16.5 billion, CDW Corporation (CDW) is a leading North American IT solutions provider that helps organizations design, procure, implement, and manage technology infrastructure. Headquartered in Vernon Hills, Illinois, the company serves enterprise, small-business, and public-sector customers (government, education, healthcare) across the U.S., U.K., and Canada.
Shares of the tech company have lagged behind the broader market over the past 52 weeks. CDW stock has slumped 33.9% over this time frame, while the broader S&P 500 Index ($SPX) has risen 11.9%. Moreover, shares of CDW have dropped 8.1% on a YTD basis, compared to SPX's marginal fall.