The Relative Strength (RS) Rating for Cognizant Tech Solutions entered a new percentile Tuesday, as it got a lift from 69 to 74.
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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.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they launch their biggest runs. See if Cognizant Tech Solutions can continue to rebound and clear that threshold.
Cognizant Tech Solutions is working on a cup without handle with a 90.82 buy point. See if the stock can break out in heavy trading.
The company showed 10% earnings growth last quarter, while sales growth came in at 7%.
Cognizant Tech Solutions holds the No. 13 rank among its peers in the Computer-Technical Services industry group. Dave, IBEX and TaskUs 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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