With AI being all the rage, it’s no surprise that investors want to get their hand into the “cookie jar” of AI- adjacent stocks. Big data companies are going to be one of the biggest winners from this surge — they provide the data through which models are trained. The returns provided by these companies have regularly beaten market indices, and have often provided investors with consistent triple-digit growth. However, the sector is extremely competitive and volatile. Certain companies that were touted as “ ...

Platform enables real-time AI-enabled data processing across industries, enhancing data privacy and operational efficiency. TEANECK, N.J., July 1, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced the launch of Cognizant Neuro® Edge, a new platform in the Cognizant Neuro® suite, designed to empower businesses across industries to leverage artificial intelligence and generative AI at the edge. Edge computing enables enterprises to access computing power via sensors and devices on their networks, reduci ...

Cognizant Technology Solutions (CTSH) recently announced a new agreement with Texas Dow Employees Credit Union (TDECU), the largest credit union in Houston and the fourth largest in Texas, to accelerate its ‘Run the Business’ transformation journey. As part of the collaboration, Cognizant will deploy its Neuro IT Operations platform, an AI-driven automation solution, to transform TDECU’s enterprise infrastructure and technology, boosting operational efficiency and resilience while generating substantial cos ...

Cognizant Technology Solutions (CTSH) recently announced the expansion of its partnership with Cengage Group, a prominent global edtech company catering to students from middle school through graduate studies and skills education. The seven-year agreement enhances Cognizant’s role in delivering advanced technology services, aimed at improving operational efficiency and supporting Cengage Group’s ongoing digital transformation efforts. Building on the successful collaboration in developing Cengage Unlimited, ...

Cognizant will provide infrastructure, data, and testing services to support the credit union's transformation for the next five years. TEANECK, N.J., June 27, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced today a new agreement with Texas Dow Employees Credit Union (TDECU), the largest credit union in Houston and the fourth largest in Texas, to accelerate its 'Run the Business' transformation journey. Cognizant, a global leader in digital transformation, will be leveraging its Neuro® IT Operations ...

abluecup/iStock via Getty Images Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is an IT services provider whose shares are down by 21% since March 2022, in contrast to my bullish thesis at that time. The shares did go up momentarily but then suffered a long slide mostly because quarterly revenues trended lower as charted below. Data by YCharts Now, this revenue decline was precisely why its CEO was replaced in January of last year, and, since I got it wrong in 2022, this time I will assess the gr ...

Cognizant will provide end-to-end technology services to support Cengage Group's digital transformation journey leveraging cutting-edge technology and solutions. TEANECK, N.J., June 26, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced the expansion of its relationship with Cengage Group, a global edtech company that supports millions of students each year, from middle school through graduate school and skills education, with quality content and technology. Under this seven-year agreement, Cogni ...

JHVEPhoto Elevator Pitch I rate Cognizant Technology Solutions Corporation (NASDAQ:CTSH) stock as a Buy. My earlier January 20, 2024 initiation article highlighted Cognizant's 2023 share price outperformance and the company's financial outlook for the current year. The focus of the latest write-up is CTSH's revenue growth prospects for the short term and intermediate-to-long term. I have decided to upgrade my rating for Cognizant from a Hold to a Buy. In the near term, Cognizant could possibly deliver a Q2 ...

Cognizant Technology Solutions (CTSH) is benefiting from an expanding clientele and strong partner base. It recently collaborated with Gentherm (THRM) to provide crucial engineering services from its base in Hyderabad, India. CTSH will also enhance Gentherm’s capabilities in systems engineering, validation and model-based development. Cognizant established a specialized test facility to support research and development efforts for Gentherm’s thermal management and patient temperature systems. This collabora ...

Agreement expected to help develop next generation of innovative products, elevate customer vehicle experiences, and improve everyday life TEANECK, N.J., June 17, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced an agreement to provide engineering services to Gentherm (NASDAQ: THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems. Cognizant is providing system ...