Wedgewood Partners released its third-quarter 2025 investor letter, showcasing AI stocks as Wall Street favorites. The Wedgewood Composite’s net return was 5.9% in the third quarter, compared to other indices. CDW Corporation (NASDAQ:CDW) was highlighted, with a one-month return of -2.56% and shares losing 28.16% over 52 weeks.

In the investor letter, Wedgewood Partners discussed CDW Corporation (NASDAQ:CDW) and its performance. The company’s revenues grew by 10%, while adjusted operating income only grew by 2%. CDW plays a vital role in helping small businesses update their IT infrastructure to be more AI-friendly, but the market has yet to see it as an “AI winner.”

CDW Corporation (NASDAQ:CDW) is not among the 30 Most Popular Stocks Among Hedge Funds. Despite 44 hedge fund portfolios holding CDW Corporation (NASDAQ:CDW), other AI stocks are seen as offering greater upside potential with less downside risk. In Q2 2025, CDW reported net sales of $6 billion, up 10% compared to the previous year.

Read more at Yahoo Finance: CDW (CDW) Fell as Market Yet to Accept it as an “AI Winner”