In a welcome move, Cognizant Tech Solutions saw its Relative Strength Rating rise from 67 to 71 on Tuesday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Cognizant Tech Solutions can continue to show renewed price strength and clear that threshold.
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Cognizant Tech Solutions is not currently offering a proper buying opportunity. See if the stock goes on to build a promising consolidation that could ignite a new run.
While EPS growth fell in the company's most recently reported quarter from 8% to 3%, revenue rose 7%, up from 3% in the prior report.
The company earns the No. 15 rank among its peers in the Computer-Technical Services industry group. IBEX, Dave and Innodata are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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