5 Best Breakout Stocks To Buy Now

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In this piece, we’ll take a look at the 5 Best Breakout Stocks To Buy Now. For more such companies, go to 10 Best Breakout Stocks To Buy Now.

5. CDW Corporation (NASDAQ:CDW)

Number of Hedge Fund Holders: 34

CDW Corporation (NASDAQ:CDW) is an American technology solutions provider that offers a wide range of products and services to business, government, education, and healthcare customers. It is one of the largest technology solutions providers in the United States, with more than 260 sales locations across the country. CDW Corporation (NASDAQ:CDW)’s products and services include hardware, software, and services for enterprises, small and medium-sized businesses, and government and education customers.

On November 3, 2022, Jim Suva, an analyst at Citi, reduced his price target on CDW Corporation (NASDAQ:CDW) to $210 while keeping a Buy rating on the stock. According to the analyst, the company has continued to boost shareholder value despite the persisting supply chain restrictions and declining growth in PC segment.

At the end of Q3 2022, 34 hedge funds in Insider Monkey’s database were bullish on CDW Corporation (NASDAQ:CDW) at the end of the quarter.  Select Equity Group remained the leading stakeholder of the company at the end of Q3 2022.

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