PC Connection: Order Backlog at Record Level – AI and PC Refresh as Drivers

PC Connection benefits from the ongoing PC refresh cycle and increasing investments in AI-capable infrastructure, cloud, and cybersecurity. In the second quarter, revenue and profits grew by double digits and significantly exceeded expectations. A high order backlog and the new NASA SEWP-VI contract for the public sector provide additional momentum for the coming quarters. The stock of PC Connection (CNXN) has been up approximately 55% since early 2026 and reached an all-time high of $90.54 on September 25. With a P/E ratio of about 21.5,...