The Latest Breaking News from Science Applications International

Science Applications International Corporation (SAIC) reported better-than-expected earnings and revenue for the third quarter. Moreover, the company raised its revenue and earnings outlook for fiscal 2024. Is it time to buy, hold, or avoid the stock now? Read on to learn my view….

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -1.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.88%. Stocks this morning are sharply lower, with the Nasdaq...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.48%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.64%. Stock index futures this morning are lower as higher bond yields weigh on stocks. T-note yields are higher today as they rebounded from last Friday’s 3-month low...

The tech services industry is on an upward trajectory, with promising opportunities with rising digitization, adoption of emerging technologies, and the growing demand for software services. Therefore, let’s analyze fundamentally strong tech stocks, Zoom Video Communications (ZM) and Science Applications (SAIC), to determine whether to Buy, Hold, or Sell them.…