Here we go again with Motley Fool Stock Advisor recommendation CDW
Granted, sales growth of 6.6% and operating income growth of more than 5% is not exactly the stuff of which growth legends are made. And I can also understand why some investors might be worried about trends like Apple Computer
CDW does have plenty of competition. It must deal with companies with direct retail operations, like Apple and fellow Stock Advisor pick Dell
It's certainly not game over for CDW in my view. The company still has the opportunity to recruit more customers -- there's plenty of room left in Europe and Asia, for instance -- and drive some consolidation by getting existing customers to place more of their orders with CDW.
I'll grant that revenue growth needs to improve, and that the company needs to keep a close eye on its margins, but I can't shake the notion that a whopping return on invested capital is a strong indication that this company is already doing more than a few things right. Should skepticism keep pushing these shares down, I'll definitely be watching for an opportunistic price.
For further Foolishness:
Fool contributor Stephen Simpson has no financial interest in any stocks mentioned (that means he's neither long nor short the shares).