Infosys Adds New AI Client: How Should Investors Play the Stock?
Infosys(INFY) ZACKS·2024-09-20 23:36
Infosys (INFY) shares have gained 23.4% year to date, outperforming the Zacks Computer and Technology Sector and S&P 500 index's return of 22.4% and 19.7%, respectively. INFY stock has also outperformed the Zacks Computers - IT Services industry's return of 7.2% in the same time frame. The outperformance reflects investors' confidence in Infosys' fundamentals and growing client base. Recently, Infosys expanded its client base with a top European delivery and logistics company, Posti. INFY will utilize its a ...