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How to Buy Connection Stock

PC Connection Inc

PC Connection, Inc. , together with its subsidiaries, provides various information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions.

Connection stock last closed at $67.99, up 0.3% from the previous day, and has increased 56.73% in one year. It has overperformed other stocks in the Electronics & Computer Distribution industry by 0.21 percentage points. Connection stock is currently +60.49% from its 52-week low of $42.37, and -3.63% from its 52-week high of $70.55.

As of May 17, 2024, there are 26.36M shares of CNXN outstanding. The market value of CNXN is $1.79B. In the last 24 hours, 53,017 CNXN shares were traded.

How to Buy Connection Stock

Wondering how to invest in Connection stock? Here's how.
  1. Figure out where to buy Connection stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Connection stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your method of payment and add your info.
  4. Evaluate Connection stock: The Connection ticker symbol is CNXN. Is Connection stock a good investment? Should you buy shares of CNXN? How do CNXN's underlying business fundamentals look? Do top analysts think Connection is a good buy? Why has CNXN's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CNXN is a good stock to buy).
  5. Place your CNXN buy order: Decide if you will purchase CNXN shares at the current market price or use a limit order to purchase CNXN stock at a specific price.
  6. Keep tabs on your CNXN position: Create a watchlist to keep track of your investment in Connection stock.

Step 1: Figure out where to buy Connection stock

You need an online brokerage account in order to access the NASDAQ market and buy CNXN shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected your brokerage, you need to fill out some personal information so you are able to buy CNXN today.

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Step 3: Fund your brokerage account

Now that you've finished signing up on a investment app, you need to deposit funds:

Watch this video walkthrough to see the process of depositing funds into your new brokerage account.

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Step 4: Evaluate Connection stock

After you have selected the best place to buy Connection stock, it's absolutely critical to analyze their stock prior to investing, so you actually comprehend the risk and opportunity.

Connection Numbers

CNXN Price
$67.99
1w %
4.66%
1y %
56.73%
5y %
99.44%
P/E
21.72x
P/B
2.1x
P/S
0.65x
PEG
6.25x
Revenue
$2.76B
Earnings
$82.23M
Fore. Rev. Growth
1.3%
Fore. Earn. Growth
N/A
Market Cap
$1.79B
Next Earnings
N/A
Next Dividend
May 29, 2024

Fundamentals of CNXN

WallStreetZen was built to help part-time investors do better fundamental analysis quickly.

You can see all of the due diligence checks on CNXN's stock page.

Is CNXN stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge CNXN's fair value.

Using relative valuations methods:

  • CNXN may be overvalued based on its P/E ratio of 21.72x, relative to Electronics & Computer Distribution industry P/E ratio of 15.09x
  • CNXN could be overvalued based on its P/B ratio of 2.1x, relative to Electronics & Computer Distribution industry P/B ratio of 1.46x
  • CNXN could be overvalued based on its PEG ratio of 6.25x

You can access additional valuation analysis on CNXN's stock here.

CNXN Financial Health Overview

Signs that CNXN is financially healthy:

  • CNXN earnings of $111.74M is not sufficient to cover its interest payments.
  • CNXN profit margin has gone up from 2.7% to 3% in the past year.
  • CNXN has a low debt to equity ratio of 0.36.
  • CNXN's operating cash flow of $235.73M allows it to safely service it's debt of $2.76M.
  • Total CNXN debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the CNXN balance sheet.
  • There are more short-term assets than short-term liabilities on the CNXN balance sheet.

You can dive deeper into what analysts are forecasting on the Connection stock forecast page.

CNXN Technicals

SMA10
65.4
SMA20
64.11
SMA50
64.34
SMA100
65.15
SMA200
60.83
MACD
0.92
MACD Signal
0.22
MACD Histogram
0.7
RSI
65.61
Stochastic %K
96.18
Stochastic %D
97.23
StochRSI %K
96.28
StochRSI %D
98.05

CNXN Performance Numbers

Last year, CNXN earnings were $82.23M. In the past 5 year, CNXN's earnings have grown by 4.77% per year. This was slower than the Electronics & Computer Distribution industry average of 7.38%.

Last year, CNXN revenue was $2.76B. During the last five year, CNXN's revenue has gone up by 0.35% per year. This was slower than the Electronics & Computer Distribution industry average of 10.94%.

Dig into CNXN's earnings and revenue performance here.

Who is buying/selling CNXN?

In the past year, executives and large shareholders at CNXN have sold more shares than they have bought.

Jack L. Ferguson, Director of CNXN, was the latest CNXN insider to sell. They sold $649,400.00 worth of CNXN stock on May 13, 2024.

Learn more about who owns CNXN shares here.

Does CNXN stock generate passive income?

Connection pays a dividend of 0.53%, compared to the Electronics & Computer Distribution industry's average dividend yield of 2.39%. If you owned $1,000 worth of CNXN stock, you would have received $5.29 in the past 12 months.

Connection dividend payments have not consistently grown over the past decade and have not remained stable.

Dig into more info about Connection dividend yield and history here.

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Step 5: Place your CNXN buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, place a limit order.

Click the Open Trade button and your broker will place the order.

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Step 6: Keep tabs on your CNXN position

Now that you own some shares in CNXN, you'll want to keep up with your new shares.

Create a watchlist to track your CNXN stock.

CNXN Feed

How to Buy Stock in Connection

To reiterate, here are the 6 steps to buy Connection stock:

  1. Figure out where to buy Connection stock
  2. Open your brokerage account
  3. Fund your brokerage account
  4. Evaluate Connection stock
  5. Place your CNXN buy order
  6. Keep tabs on your CNXN position

If you require a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your new investment in Connection, add CNXN to your watchlist by clicking the button below.

NASDAQ: CNXN
$67.99+0.20 (+0.3%)
Updated May 17, 2024
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NASDAQ: CNXN
$67.99+0.20 (+0.3%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Connection share?

As of May 17, 2024, it costs $67.99 to buy one share of Connection stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.147 shares of CNXN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Connection stock?

One way to place an order for Connection stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.